Greencity Acquisition

Greencity Acquisition Corp. is a blank check company, which was formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded on May 14, 2018 and is headquartered in Shanghai, China.

SHANGHAI , Nov. 24, 2022 /PRNewswire/ -- Greencity Acquisition Corporation (NASDAQ: GRCY) (the "Company") today announced that it has received a notice ("Notice") from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") as a result of its failure to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 (the "Form 10-Q") in a timely fashion. The Notice advised the Company that it was not in compliance with Nasdaq's continued listing requirements under the timely filing criteria established in Nasdaq Listing Rule 5250(c)(1).

Greencity Acquisition Corporation Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

SHANGHAI , Oct. 28, 2022 /PRNewswire/ -- Greencity Acquisition Corporation (the "Company" or "Greencity") (NASDAQ:GRCY) today announced that on October 28, 2022 the Company held an Annual General Meeting of its shareholders (the "Meeting") at which time the shareholders voted to extend the date (the "Extension") by which Greencity has to consummate a business combination from October 28, 2022 to April 28, 2023. The holders of 3,506,907 of the Company's ordinary shares present and entitled to vote at the Meeting, constituting 100% of ordinary shares present, voted in favor of the Extension.

Greencity Acquisition Corporation Shareholders Approve Extension of Deadline to Consummate Business Combination

SHANGHAI, Aug. 9, 2021 /PRNewswire/ -- Greencity Acquisition Corporation (NASDAQ: GRCY) (the "Company") received a letter on August 6, 2021 from Nasdaq stating, that based on the Company's filing of its Form 10-Q for the quarter ended March 31, 2021 on July 26, 2021, Nasdaq has determined that the Company now complies with the filing criteria established in Nasdaq Listing Rule 5250(c)(1). About Greencity Acquisition Corporation The Company is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Greencity Acquisition Corporation Announces It Has Regained Compliance with Nasdaq Listing Requirements

SHANGHAI, July 26, 2021 /PRNewswire/ -- Greencity Acquisition Corporation (the "Company" or "Greencity") (NASDAQ: GRCY) (the "Company") today announced that the Company's sponsor, Cynthia Management Corporation (the "Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $133,334, representing $0.033 per public share of the Company, in order to extend the period of time the Company has to consummate a business combination by one month to August 28, 2021. The Sponsor plans to extend such period of time additional eight times to complete its initial business combination as necessary, each by an additional one months, up to April 28, 2022, by depositing an aggregate of an additional $1,066,666 into the Trust Account, representing an additional $0.267 per public share, in connection with such additional extensions.

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