Delisting Determination, The Nasdaq Stock Market, LLC, November 20, 2023,
Genesis Growth Tech Acquisition Corp.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Genesis Growth Tech Acquisition Corp.,
effective at the opening of the trading session on November 30, 2023.
Based on review of information provided by the Company, Nasdaq
Staff determined that the Company no longer qualified for listing
on the Exchange pursuant to Listing Rules 5452(a)(1) and 5452(a)(2)(C).
The Company was notified of the Staff determination on July 14, 2023.
On July 21, 2023, the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings
Panel (Panel) pursuant to Rule 5815. A Panel hearing was held on
September 14, 2023. On October 2, 2023, upon review of the
information provided by the Company, the Panel issued a decision
denying the Company continued listing and notified the Company that
trading in the Company securities would be suspended on July 25, 2023.
The Company did not appeal the Panel decision to the Nasdaq Listing
and Hearing Review Council (Council) and the Council did not call
the matter for review. The Staff determination to delist the Company
became final on November 16, 2023.