LAS VEGAS, NEVADA., April 03, 2026 (GLOBE NEWSWIRE) — Jena Acquisition Company II (the “Company”) introduced lately that on April 1, 2026, the Corporate won a written understand from the group of workers of NYSE Legislation of the New York Inventory Change (“NYSE”) indicating that the Corporate isn’t in compliance with Phase 802.01B of the NYSE Indexed Corporate Handbook (the “Listing Rule”) which calls for the Corporate to handle at least 300 public stockholders on a continuing foundation.
As approved underneath the Record Rule, the Corporate plans to promptly post a marketing strategy that demonstrates how the Corporate expects to go back to compliance with the Record Rule inside 18 months of receipt of the Realize, which is able to contain finishing a de-SPAC transaction.
The Realize has no speedy affect at the Corporate’s securities, and equipped the NYSE approves the plan, the Corporate’s securities will proceed to be indexed and traded at the NYSE throughout the 18-month remedy length underneath their current ticker symbols.
About Jena Acquisition Company II
The Corporate is a clean take a look at corporate integrated as a Cayman Islands exempted corporate and shaped for the aim of effecting a merger, amalgamation, proportion alternate, asset acquisition, proportion acquire, reorganization or identical industry aggregate with a number of companies. Whilst the Corporate might pursue a industry aggregate in any industry or trade, it intends to capitalize at the skill of its control workforce and to start with focal point its seek on figuring out a potential goal industry that may get pleasure from its co-founder and Chairman William P. Foley, II’s and its co-founder and Leader Govt Officer Richard N. Massey’s historic spaces of commercial experience. W. Dabbs Cavin, Dexter Fowler and Tim Hsia shall be serving as board participants.
Ahead-Taking a look Statements
This press free up contains “forward-looking statements” throughout the that means of the protected harbor provisions of the USA Non-public Securities Litigation Reform Act of 1995. Sure of those forward-looking statements can also be known by means of phrases comparable to “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or different identical expressions. Those statements are in accordance with present expectancies at the date of this press free up and contain various dangers and uncertainties that can motive exact effects to vary considerably, together with the Corporate’s skill to post a plan to regain compliance adequate to NYSE Legislation; the Corporate’s skill to proof that it has no less than 300 public shareholders; and different dangers and uncertainties set forth within the Corporate’s stories filed with the Securities and Change Fee (the “SEC”). Copies of those stories can also be accessed throughout the SEC’s site at www.sec.gov. The Corporate does no longer think any legal responsibility to replace or revise one of these forward-looking statements, whether or not as the results of new trends or in a different way. Readers are cautioned to not put undue reliance on forward-looking statements.
Media Touch
Richard N. MasseyCEOjenaacquisition.com
