Jackson Acquisition Co II receives NYSE notice on 300 public stockholder minimum
Jackson Acquisition Company II said it received a notice from the New York Stock Exchange on February 6, 2026, stating that it does not meet the NYSE requirement to maintain at least 300 public stockholders on a continuous basis. The company must submit a business plan within 45 days of receiving the notice showing how it will return to compliance within 18 months, and the NYSE then has 45 days to review it.
- NYSE notice received February 6, 2026, citing Section 802.01B of the NYSE Listed Company Manual
- Company must submit a business plan within 45 days of receipt, showing compliance within 18 months
- Notice has no immediate effect on listing or trading; shares stay listed under JACS if the NYSE approves the plan
- If the plan fails or is not accepted, the NYSE may start suspension and delisting procedures