GlobeNewswire Inc. · Apr 26, 2023
Boston, MA, April 26, 2023 (GLOBE NEWSWIRE) -- Progress Acquisition Corp. (Nasdaq: PGRW) (the “Company”) announced today that the Company had received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company had failed to timely file with the Securities and Exchange Commission (“SEC”) its Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (the “Form 10-K”). The Notice provides the Company with 60 days, or until June 20, 2023, to submit to Nasdaq a plan to regain compliance in accordance with Nasdaq’s listing requirements. If the Company’s plan is accepted, Nasdaq may grant the Company up to 180 days, or until October 18, 2023, for the Company to regain compliance. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Nasdaq hearings panel under Nasdaq Listing Rule 5815(a). The Notice has no immediate effect on the listing of the Company’s Class A common stock, warrants or units on the Nasdaq Capital Market. The Company is continuing in its efforts to file the Form 10-K as soon as reasonably practicable.
GlobeNewswire Inc. · Apr 25, 2023
Boston, MA, April 25, 2023 (GLOBE NEWSWIRE) -- Progress Acquisition Corp. (Nasdaq: PGRW) (the “Company”) announced today that the Company has cancelled its special meeting of stockholders that was previously scheduled for April 26, 2023.
GlobeNewswire Inc. · Dec 6, 2022
Boston, MA, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Progress Acquisition Corp. (NASDAQ: PGRWU) (the “Company”) announced today that the Company had received a notice (“Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company had failed to timely file with the Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the period ended September 30, 2022 (“Form 10-Q”). However, since the Company’s November 22, 2022 filing of the Form 10-Q, the Company has received notice from Nasdaq that it has regained compliance with the Nasdaq Listing Rule 5250(c)(1), and Nasdaq considers the matter closed.
GlobeNewswire Inc. · Oct 14, 2022
Boston, MA, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Progress Acquisition Corp. (“Progress” or the “Company”) (Nasdaq: “PGRW”, “PGRWU”, “PGRWW”) announced the mailing of a definitive proxy statement, dated October 12, 2022 (the “Extension Proxy Statement”), to hold a special meeting in lieu of annual meeting of stockholders (on October 27, 2022 (the “Meeting”) to approve an extension of the date by which Progress must consummate an initial business combination to on or before May 8, 2023 (the “Extended Date”) (the “Charter Extension”). Progress commenced mailing of the Extension Proxy Statement on October 13, 2022.
