Marblegate Acquisition CORP
Market Movers (8-K)
Marblegate Acquisition Corp. has waived the Nasdaq listing condition for its business combination with DePalma Companies and plans to list on the OTCQX Best Market following the merger.
Marblegate Acquisition Corp. will be delisted from Nasdaq after failing to complete its business combination by the extended deadline of March 31, 2025.
Worse than expected
Delay expected
Marblegate Acquisition Corp. stockholders approved the business combination with DePalma Acquisition I LLC and DePalma Acquisition II LLC at a special meeting held on March 25, 2025.
Marblegate Acquisition Corp. has entered into a promissory note agreement for up to $485,000 with Marblegate Special Opportunities Master Fund, L.P. to cover working capital expenses.
Capital raise
Marblegate Acquisition Corp. has received an extension from Nasdaq to maintain its listing until March 31, 2025, contingent on completing its business combination with DePalma.
Marblegate Acquisition Corp. has entered into a promissory note agreement for up to $250,000 with its sponsor for working capital.
Capital raise
Quarterly Earnings (10-Q)
Marblegate Acquisition Corp. reports a net loss for the third quarter of 2024 and faces a potential delisting from Nasdaq while working towards a business combination.
Worse than expected
Delay expected
Capital raise
Marblegate Acquisition Corp. released its second quarter 2024 financial results, showing a net loss and ongoing efforts to complete a business combination.
Worse than expected
Delay expected
Capital raise
10-Q: Marblegate Acquisition Corp. Reports First Quarter 2024 Results Amidst Business Combination Efforts
Marblegate Acquisition Corp. released its first quarter 2024 financial results, showing a net loss but also highlighting ongoing efforts towards a potential business combination.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
Marblegate Acquisition Corp.'s 10-K filing details its financials, business strategy, and the proposed DePalma business combination, while also highlighting risks and uncertainties.
Delay expected
Capital raise
Worse than expected
Insider Trading (Form 4)
Marblegate Acquisition Corp. and DePalma Companies proceed with their business combination by waiving the Nasdaq listing condition, with plans to list on the OTCQX Best Market following the merger.
Worse than expected
Marblegate Acquisition Corp. stockholders voted to approve the business combination with DePalma Acquisition I LLC and DePalma Acquisition II LLC at a special meeting held on March 25, 2025.
Proxy Statements (Def-14A)
DEF 14A: Marblegate Acquisition Corp. Seeks Extension to Complete Business Combination with DePalma Companies
Marblegate Acquisition Corp. is seeking stockholder approval to extend the deadline for completing its business combination with DePalma Companies from October 5, 2024, to April 5, 2025.
Delay expected
Schedule 13G - Passive Investments
Farallon Capital Management and its affiliates have fully divested their holdings in Marblegate Acquisition Corp., reducing their beneficial ownership to zero percent.
Worse than expected