Delisting Determination, The Nasdaq Stock Market, LLC, March 21, 2024,
Latch, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Latch, Inc., effective at the opening
of the trading session on April 1, 2024.
On February 7, 2023, Nasdaq Listing Qualifications staff (Staff)
notified Latch, Inc. (Company) that it determined to delist the
Company based on its noncompliance with Rule 5250(c)(1).  On
February 14, 2023, the Company exercised its right to appeal the
Staff determination to the Listing Qualifications Hearings Panel
(Panel) pursuant to Rule 5815.  A Panel hearing was held on
March 23, 2023.  On April 5, 2023, the Panel issued a decision
to continue listing the Company securities provided certain
conditions were met.  On August 8, 2023, the Panel issued a
decision to delist the shares of the Company due to the Company
failure to regain compliance with Rule 5250(c)(1).  On August 23,
2023, the Company exercised its right to appeal the Panel decision
to the Nasdaq Listing and Hearing Review Council (Council) pursuant
to Rule 5820(a). On November 16, 2023, the Council issued a decision
that affirmed the Panel decision to delist the Company securities.
On February 7, 2024, the Company was provided notice that the Nasdaq
Board of Directors declined to call the Council decision for review
pursuant to Rule 5825(a). The Staff determination to delist the Company
units and rights became final on February 7, 2024.