Welcome to our dedicated page for Perception Capital news (Ticker: PFTAU), a resource for investors and traders seeking the latest updates and insights on Perception Capital stock.
Perception Capital Corp III Unit (PFTAU) is a specialized acquisition company actively pursuing strategic mergers and business combinations. This comprehensive news hub provides investors with essential updates on corporate developments, partnership announcements, and regulatory milestones.
Key updates include: merger progress reports, leadership decisions, partnership disclosures, and SEC filing alerts. Our curated feed ensures timely access to official press releases and market-moving developments.
Bookmark this page for centralized tracking of PFTAU's strategic initiatives. Check regularly for verified updates about potential acquisitions, capital structure changes, and value-creation opportunities in the SPAC marketplace.
Perception Capital Corp. III (Nasdaq: PFTA) received a written notice from Nasdaq on August 26, 2024, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1) due to a delayed filing of its Q2 2024 10-Q report. This delay could potentially serve as an additional basis for delisting the company's securities. PFTA had previously filed a Form 12b-25 on August 15, disclosing the inability to file the 10-Q within the prescribed time frame. The company was given until September 3 to request a stay of suspension, pending a Hearing Panel's decision. However, PFTA filed the Form 10-Q on August 28, 2024, effectively resolving the deficiency outlined in the notice.
Portage Fintech Acquisition Corporation announced the pricing of its initial public offering (IPO) of 24 million units at $10.00 per unit, raising $240 million. The units will trade on Nasdaq under the ticker symbol PFTAU starting July 21, 2021. Each unit includes one Class A ordinary share and one-third of a redeemable warrant, allowing purchase of an additional share at $11.50. The IPO is set to close on July 23, 2021, subject to customary conditions. The company aims to target businesses within the FinTech and financial services sectors.