AIBBR
AIB Acquisition Corporation Right
stock NASDAQ

There have been examples earlier this year of SPACs that were delisted to OTC, then completed the business combination, then uplisted back to NASDAQ.
[AIB Acquisition Corporation moved to OTC Market](https://www.sec.gov/Archives/edgar/data/1882963/000121390024042306/ea0205727-8k_aibacq.htm) \- AIB -> OTC Pink: AIBAF AIBBR -> OTC Pink: AACRF on May 13, 2024; PSI and AIB Acquisition completed business combination - OTC Pink: AIBAF -> NASDAQ:PSIG AACRF/10 -> PSIG on July 19, 2024
[Kingswood Acquisition Corp. To Transfer Listing to OTC Markets Group Inc.](https://www.prnewswire.com/news-releases/kingswood-acquisition-corp-to-transfer-listing-to-otc-markets-group-inc-301586313.html) \- KWAC KWAC.WS July 2022; [Binah Capital Group, Inc. Announces Listing on Nasdaq Stock Market LLC](https://www.prnewswire.com/news-releases/binah-capital-group-inc-announces-listing-on-nasdaq-stock-market-llc-302098940.html) \- OTCBB: KWAC -> NASDAQ: BCG OTC Pink: KWACW -> NASDAQ: BCGWW on March 27, 2024
So just because a SPAC gets downlisted to OTC does not necessarily mean it will be unable to complete the business combination and relist on NASDAQ or the NYSE.

There have been examples earlier this year of SPACs that were delisted to OTC, then completed the business combination, then uplisted back to NASDAQ.
[AIB Acquisition Corporation moved to OTC Market](https://www.sec.gov/Archives/edgar/data/1882963/000121390024042306/ea0205727-8k_aibacq.htm) \- AIB -> OTC Pink: AIBAF AIBBR -> OTC Pink: AACRF on May 13, 2024; PSI and AIB Acquisition completed business combination - OTC Pink: AIBAF -> NASDAQ:PSIG AACRF/10 -> PSIG on July 19, 2024
[Kingswood Acquisition Corp. To Transfer Listing to OTC Markets Group Inc.](https://www.prnewswire.com/news-releases/kingswood-acquisition-corp-to-transfer-listing-to-otc-markets-group-inc-301586313.html) \- KWAC KWAC.WS July 2022; [Binah Capital Group, Inc. Announces Listing on Nasdaq Stock Market LLC](https://www.prnewswire.com/news-releases/binah-capital-group-inc-announces-listing-on-nasdaq-stock-market-llc-302098940.html) \- OTCBB: KWAC -> NASDAQ: BCG OTC Pink: KWACW -> NASDAQ: BCGWW on March 27, 2024
So just because a SPAC gets downlisted to OTC does not necessarily mean it will be unable to complete the business combination and relist on NASDAQ or the NYSE.