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Posted by
Two Blokes Apr 17 -
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Stock
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New York, New York, April 17, 2025 (GLOBE NEWSWIRE) -- AI Transportation Acquisition Corp (Nasdaq: AITR), a publicly-listed special purpose acquisition company (“AITR”), today announced that The Nasdaq Stock Market, LLC ("Nasdaq") determined to suspend trading and delist AITR's securities from Nasdaq due to AITR's failure to pay certain fees required by Listing Rule 5250(f), unless AITR appeals this determination. AITR does not intend to request a hearing to appeal the determination, which decision was based on a careful review of numerous factors, including the potential for limiting the significant costs associated with remaining listed on Nasdaq and complying with Nasdaq listing standards.
