Embrace Change Acquisition Corp. receives additional personnel decision notice from Nasdaq in connection with delayed quarterly report

SAN DIEGO, Sept. 7, 2024 (GLOBE NEWSWIRE) — Embrace Change Acquisition Corp. (Nasdaq: EMCG, EMCGW, EMCGU, EMCGR) (“Embrace Change” or the “Company”) today announced that on September 5, 2024, it received a supplemental personnel decision notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it is delinquent in the filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the “Form 10-Q”) and that this matter serves as additional basis for the delisting of the Company’s securities from the Nasdaq Stock Market. Failure to timely file the Form 10-Q constitutes a violation of Nasdaq Listing Rule 5250(c)(1).

Embrace Change is actively working to complete and file the delayed Form 10-Q. Pursuant to the timeline previously established by the Nasdaq Hearing Panel, the Company aims to regain compliance with Nasdaq’s listing requirements by September 30, 2024 by filing all required documentation.