|8-KFeb 10, 4:15 PM ET

Jackson Acquisition Co II 8-K

Research Summary

AI-generated summary

Updated

Jackson Acquisition Co II Receives NYSE Notice for Minimum Shareholders

What Happened

  • Jackson Acquisition Company II (JACS) announced in an 8-K that on February 6, 2026 it received a notice from the New York Stock Exchange saying it is not in compliance with Section 802.01B of the NYSE Listed Company Manual, which requires a minimum of 300 public stockholders. The Company has 45 days from receipt of the notice to submit a business plan showing how it will regain compliance within 18 months.

Key Details

  • Date of NYSE notice: February 6, 2026.
  • Listing rule cited: Section 802.01B (minimum 300 public stockholders).
  • Company deadline: 45 days to submit a compliance/business plan to the NYSE.
  • Cure period: Plan must show the Company will return to compliance within 18 months; the NYSE then has 45 days to review the plan.
  • Current effect: The notice does not immediately affect the listing or trading of the Company’s securities; trading continues while the NYSE reviews an approved plan.
  • Risk if not resolved: If the plan is not accepted or the Company fails to meet the plan, the NYSE may start suspension and delisting procedures.

Why It Matters

  • For investors, the filing signals a listing-standard compliance issue but no immediate trading interruption. The process gives the Company time to try to regain the required number of public holders (up to an 18-month cure period if the NYSE accepts its plan). Investors should watch for the Company’s submitted business plan, subsequent NYSE decisions, and any future disclosures about progress, because a rejected plan or failure to comply could lead to suspension or delisting.