ARC Group Securities Acquisition I (FJDI) reported net income of $464,138 for the quarter and $412,609 for the nine months ended September 30, 2026. The quarter’s result included $566,852 of trust-account investment income and a $97,020 gain from the over-allotment liability fair-value change, less $199,734 of formation and operating costs; the company had no operating revenue.
At September 30, 2026, cash was $684,320 and cash and marketable securities in trust were valued at $105,567,810. The balance sheet showed 10,500,000 Class A ordinary shares subject to redemption at $10.05 per share. Management said failure to complete a business combination by the initial August 5, 2027 deadline would trigger liquidation and identified substantial doubt about continued operations; a three-month extension may apply if a definitive agreement is executed within 12 months after the IPO closing.
Nasdaq said the warrants no longer complied with its listing standard because their aggregate market value was below $1 million; the notice has no current effect on listing or trading.
ARC Group Securities Acquisition I (FJDI) received a Nasdaq notice that its warrants do not meet the continued-listing requirement because their aggregate market value is below $1 million. The notice does not currently affect the warrants’ listing or trading, and it does not affect the company’s other securities.
The company intends to submit a plan by December 4, 2026, within the 45-calendar-day period. If Nasdaq accepts the plan, it may grant an extension of up to 180 calendar days from the October 20, 2026 notice, or until April 18, 2027, to evidence compliance. If compliance is not regained by the end of the granted period, Nasdaq could notify the company that the warrants will become subject to delisting.