Roman DBDR Acquisition Corp. II Announces Receipt of Nasdaq Deficiency Letter
Rhea-AI Summary
Roman DBDR Acquisition Corp. II (NASDAQ:DRDB) has received a deficiency notice from Nasdaq for failing to file its Q2 2025 10-Q report. The company has until October 27, 2025 to submit a compliance plan to Nasdaq.
If Nasdaq accepts the plan, DRDB could receive up to 180 calendar days (until February 16, 2026) to regain compliance. The deficiency notice does not immediately affect the company's listing status on the Nasdaq Global Market. The company plans to file the quarterly report as soon as possible and submit a compliance plan if necessary.
Positive
- None.
Negative
- Failure to file Q2 2025 quarterly report on time
- Risk of potential Nasdaq delisting if compliance is not achieved
- Company requires submission of compliance plan within 60 days
News Market Reaction
On the day this news was published, DRDB gained 0.03%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
According to the Deficiency Notice, the Company has a period of 60 calendar days, or until October 27, 2025, to submit a plan to Nasdaq to regain compliance. If the Company submits a plan and Nasdaq accepts the plan, Nasdaq can grant an exception of up to 180 calendar days from the Quarterly Report's due date, or until February 16, 2026, to regain compliance with the Rule. If Nasdaq does not accept the Company's plan, the Company would have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company intends to file the Quarterly Report as soon as practicable and, if necessary, to submit a plan with Nasdaq to regain compliance.
About Roman DBDR Acquisition Corp. II
The Company is a blank check company formed for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, the Company intends to focus its initial search on companies in the cybersecurity, artificial intelligence or financial technology industries.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the
Contact
Roman DBDR Acquisition Corp. II
John Small
jcsmall@romandbdr.com
(917) 273-8429
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SOURCE Roman DBDR Acquisition Corp. II