Broad Capital Acquisition Corp. Announces Voluntary SEC Deregistration Broad Capital Acquisition Corp. (NASDAQ: BRAC) has announced its intention to voluntarily deregister from SEC reporting requirements. This decision follows a series of significant events, including the termination of its planned business combination with Openmarkets Group Pty Ltd. (OMG) on February 12, 2025, and the delisting of its securities from Nasdaq on June 5, 2025.The delisting occurred after BRAC failed to maintain the required minimum of 1,100,000 publicly held shares as of December 31, 2024. The company's board determined that the increasing costs and administrative burdens of maintaining public company status outweigh the benefits, citing rising compliance expenses related to SEC, Sarbanes-Oxley, and Nasdaq requirements.

#BRAC #BRACU #BRACR Broad Capital Acquisition Corp. Announces Voluntary SEC Deregistration

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