Future Money Acquisition Corporation (Nasdaq: FMAC) announced on September 25, 2026, that it has received a deficiency letter from The Nasdaq Stock Market LLC. The notice, dated September 22, 2026, indicates that the company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2026.
According to the filing, the Notice does not have an immediate effect on the listing or trading of the company’s securities. However, it establishes a deadline for the company to regain compliance. Future Money Acquisition Corp. has 60 calendar days from the date of the notice to submit a plan to Nasdaq to cure the deficiency. This deadline falls on November 23, 2026.
If Nasdaq accepts the submitted plan, the exchange may grant the company an extension of up to 180 calendar days from the original Form 10-Q filing due date to become compliant. This potential extension would provide a compliance window ending on March 22, 2027. If Nasdaq rejects the plan, the company retains the right to appeal the determination to a Nasdaq Hearings Panel.
The company stated that it is working diligently to complete and file the Form 10-Q as soon as practicable. Future Money Acquisition Corp. intends to take all necessary steps to regain compliance with the Nasdaq listing rules. The company is a blank check company incorporated as a Cayman Islands exempted company with limited liability.
