Liquidation: Qomolangma Acquisition Corp.

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Form Type: 8-K

Filing Date: 2025-01-10

Corporate Action: Liquidation

Type: New

Accession Number: 000149315225001509

Filing Summary: On January 3, 2025, Qomolangma Acquisition Corp. notified Nasdaq of its intent to voluntarily delist its securities. The company expects Nasdaq to file a Form 25 to formalize the delisting, effective ten days after filing. The company also plans to file a Form 15 to terminate the registration of its securities under the Securities Exchange Act of 1934. This decision follows a notice received from Nasdaq indicating the company did not meet the continued listing criteria, specifically maintaining a minimum of 300 public holders. After submitting a compliance plan, Nasdaq subsequently determined not to grant a continued listing. As of November 19, 2024, trading of the company's Common Stock was suspended. The company announced on January 6, 2025, that it would redeem all outstanding public shares due to its failure to complete a business combination within the time specified by its governing documents. The redemption was effective as of December 27, 2024.

Document Link: View Document

Additional details:

Date Of Report: 2025-01-03


Expected Effective Date: ten days after Form 25 filing


Reason For Delisting: failed to comply with continued listing criteria


Public Share Redemption Effective Date: 2024-12-27


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