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Sustainable Development Acquisition I Corp. (NASDAQ: SDAC) is set to hold its virtual 2022 Annual Meeting of Shareholders on December 28, 2022, at 3:00 p.m. EDT. Shareholders can register and access meeting details through the provided link. Voting will occur for the election of five directors to serve until the 2024 Annual Meeting. The record date for voting eligibility is December 12, 2022. Shareholders with a control number can fully participate, while others can only ask questions. The meeting enables shareholders to engage without in-person attendance.
Sustainable Development Acquisition I Corp. (NASDAQ: SDAC) received a noncompliance notice from Nasdaq on April 19, 2022, due to its late filing of the Annual Report on Form 10-K for the year ended December 31, 2021. The company had 60 days to submit a compliance plan, but successfully regained compliance by filing the Form 10-K on April 22, 2022. This action eliminated the need for a formal plan. Nasdaq's notice does not affect the current listing or trading of the company's securities.
Sustainable Development Acquisition I Corp. (NASDAQ: SDAC) received a noncompliance notice from Nasdaq due to its failure to file the Quarterly Report on Form 10-Q for the quarter ending September 30, 2021. The company was given 60 days to submit a plan for compliance. However, SDAC regained compliance by filing the Form 10-Q on November 30, 2021, thus avoiding the need for a formal compliance plan. On December 1, 2021, Nasdaq confirmed the company's compliance with Listing Rule 5250(c)(1), closing the matter.
Sustainable Development Acquisition I Corp. announces that starting March 29, 2021, holders of its units can trade shares of Class A common stock and associated warrants separately. The Class A common stock will trade under the symbol SDAC, while the warrants will trade under SDACW. Units that remain unseparated will continue trading under SDACU. It is noted that no fractional warrants will be issued, and to separate units, brokers must contact the Company's transfer agent.