Vision Sensing Acquisition Corp. Announces Filing of Form 10-Q with the SEC For the Quarterly Period Ended September 30, 2023, Regaining Compliance with the Filing Requirement in Nasdaq Listing Rule 5250(c)(1)
February 09 2024 - 3:22PM
Vision Sensing Acquisition Corp. (NASDAQ: VSACU, VSAC, VSACW) (the
“
Company”) a special purpose acquisition company,
announced today that on February 7, 2024, the Company filed Form
10-Q with the SEC For the quarterly period ended September 30,
2023.
On February 8, 2023,the Company received
confirmation from the Nasdaq Stock Exchange
(“Nasdaq”) that the Company has
cured the, previously reported, filing delinquency relating to
Listing Rule 5250(c)(1) and that Nasdaq has also stayed suspension
of the Company’s securities pending the decision of the Nasdaq
Hearing Panel to be held on 4 April 2024.
The press release shall not be deemed “filed”
for any purpose, including for the purposes of Section 18 of the
Exchange Act or otherwise subject to the liabilities of that
Section.
About Vision Sensing Acquisition
Corp.
Vision Sensing Acquisition Corp.
(“VSAC”) is a Special Purpose Acquisition Company
(“SPAC”) that has been established to focus on the
acquisition of a private technology company.
EF Hutton, division of Benchmark Investments,
LLC, is serving as Capital Market Advisor to VSAC and ARC Group
Limited is serving as Financial Advisor to VSAC.
No Offer or Solicitation
This press release is not a proxy statement or
solicitation of a proxy, consent, or authorization with respect to
any securities or in respect of the potential transaction and does
not constitute an offer to sell or the solicitation of an offer to
buy any securities of VSAC, Mediforum or the combined company, or a
solicitation of any vote or approval, nor shall there be any sale
of securities in any jurisdiction in which such offer, solicitation
or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction. No offer of
securities shall be made except by means of a prospectus meeting
the requirements of the Securities Act of 1933, as amended.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995. the Company’s
actual results may differ from its expectations, estimates and
projections and consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as “expect,” “estimate,” “project,” “budget,” “forecast,”
“anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,”
“believes,” “predicts,” “potential,” “might” and “continues,” and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, risks and uncertainties described in reports and other
public filings with the SEC by the Company, including the Company’s
Form 10-K for the year ended December 31, 2022 as filed with the
SEC on March 24, 2023 and its most recent Forms 10-Q, as filed with
the SEC on May 15, 2023, August 28, 2023 and February 7, 2024.
These risk factors are not exclusive. Should one or more of these
risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those indicated or anticipated by such forward-looking
statements. There may be additional risks that the Company does
presently know, or that the Company currently believes are
immaterial, that could cause actual results to differ from those
contained in the forward-looking statements. Readers are cautioned
not to place undue reliance upon any forward-looking statements,
which speak only as of the date made. These forward-looking
statements should not be relied upon as representing the Company’s
assessments as of any date subsequent to the date of this press
release. The Company undertakes no obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made except as required by law or applicable
regulation.
SOURCE: Vision Sensing Acquisition Corp.
Contacts
For Vision Sensing Acquisition Corp.:
George Peter Sobek, Chairman and CEO
georgesobek@hotmail.co.uk
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