AlphaVest Acquisition Corp Transfers Listing to Nasdaq Capital Market

AlphaVest Acquisition Corp (NASDAQ: ATMVU) recently announced its successful transfer of listing for its Securities – ordinary shares, units, and rights – from The Nasdaq Global Market to The Nasdaq Capital Market. The approval for this transfer was received on November 12, 2024, and trading on the Capital Market commenced on November 14, 2024.

The Nasdaq Capital Market, a tier for Nasdaq-listed stock, operates similarly to the Global Market, offering a continuous trading platform. The company’s Securities, including ordinary shares, units, and rights (trading under symbols ATMV, ATMVU, and ATMVR), are expected to remain unaffected by the transfer. The shift is not anticipated to have a material impact on the trading of these Securities.

AlphaVest Acquisition Corp, as an emerging growth company, underwent the voluntary upgrade to the Capital Market. The company’s listing transfer was approved by The Nasdaq Stock Market LLC’s Listing Qualifications Department. Under the leadership of Yong (David) Yan, the Chief Executive Officer, the company remains optimistic about the opportunities and advantages presented by this transition.

This news is part of the ongoing growth and development strategy of AlphaVest Acquisition Corp, allowing it to leverage the benefits associated with the Nasdaq Capital Market for increased market visibility and potential opportunities.

For further details, interested parties can refer to the Form 8-K filed with the Securities and Exchange Commission on November 27, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read AlphaVest Acquisition’s 8K filing here.

About AlphaVest Acquisition

AlphaVest Acquisition Corp does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in New York, New York.