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Jackson Acquisition II Receives NYSE Noncompliance Notice
Jackson Acquisition Company II (JACS) received a noncompliance notice from the NYSE for failing to maintain the minimum of 300 public stockholders. The company has 45 days to submit a plan to regain compliance within 18 months, during which its securities will continue to trade. Failure to comply could lead to suspension and delisting, impacting its healthcare-focused acquisition strategy and investors.