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Springwater Special Situations (SWSS) just unveiled an update.
Clean Energy Special Situations Corp. has been notified by Nasdaq that it’s at risk of being delisted due to non-payment of fees and failure to file its annual report. The company plans to appeal this decision and request a stay of suspension while exploring all options to regain compliance for continued listing. However, there’s no guarantee that the appeal will be successful or that the company will meet the necessary criteria within any given extension period. The company’s recent press release discusses the situation and contains forward-looking statements about its plans and goals amidst these challenges.
Learn more about SWSS stock on TipRanks’ Stock Analysis page.