ESH Acquisition Receives Nasdaq Deficiency Notice
ESH Acquisition announced that the company received a notice from Nasdaq stating that the company has not yet filed its annual report on Form 10-K for the fiscal year ended December 31, 2025, and therefore no longer complies with Nasdaq Listing Rule 5250, which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. The deficiency notice stated that the company has 60 calendar days to submit a plan to regain compliance and, if Nasdaq accepts the plan, Nasdaq may grant the company an exception of up to 180 calendar days from the due date of the Form 10-K, or until October 14 to regain compliance. The notice has no effect at this time on the listing of the company's securities, which will continue to trade uninterrupted on the Nasdaq Capital Market under the symbol (ESHA) until the record date. The company further announced that it will cease its operations as of April 30 and as promptly as reasonably possible but not more than ten business days thereafter, will redeem all of its outstanding shares of common stock that were included in the units issued in its initial public offering, effective as of the close of business on the record date, as the company will not consummate an initial business combination on or prior to June 13.
