Fellazo, Inc. (FLLC), which had previously arranged a Sponsor Transfer Agreement with TKK Capital, unfortunately announced this evening that they have been de-listed from the Nasdaq. Following suspension of trading on Nasdaq, the Company’s units, ordinary shares, warrants and rights will trade on the OTC Markets under the tickers “FLLCU,” “FLLC,” “FLLCW” and “FLLCR,” respectively, effective at the open of business on March 5, 2020.
As background, this process began in November, due to Fellazo’s inability to file a timely 10-Q. However, the Company received a subsequent letter from the Nasdaq Staff stating that the Company failed to provide complete responses regarding information surrounding compensation of the SPAC team members. Nonetheless, in February, TKK Capital stepped in with a proposed Sponsor Transfer Agreement where Fellazo would swap out it’s team and TKK would effectively take over the SPAC. However, that agreement was contingent on Fellazo not being de-listed, i.e., the Sponsor Transfer Agreement would be terminated in the event Nasdaq determines to de-list Fellazo’s securities.
Now that a de-listing has, in fact, occurred, the TKK agreement is most likely off, but since there hasn’t been an 8-K filing yet confirming that, we’ll have to wait to see. Perhaps there will be a further amendment to the Sponsor Transfer Agreement.
For now, Fellazo is a Bulletin Board stock, starting tomorrow.


Cantor Equity Partners I (NASDAQ:CEPO) has entered into a definitive agreement to combine with Bitcoin Standard Treasury in a transaction that is worth about $4.8 billion. Bitcoin Standard Treasury aims to bring in capital from a number of equity instruments to build up one of the largest US-listed Bitcoin treasuries. The combined company is expected...
At the SPAC of Dawn Several de-SPACs have made market-moving announcements recently and they haven’t forgotten to cash in on them. Fresh off of announcing $500 million strategic investment and partnership with Apple (NASDAQ:AAPL), rare earth miner MP Materials (NYSE:MP) has followed that up with a $500 million public offering, netting the company a cool...
Pyrophyte Acquisition Corp. II (NYSE:PAII.U) announced the pricing of its $175 million IPO and its units are expected to begin trading on the NYSE under the symbol “PAII.U”, Thursday, July 17, 2025. The new SPAC plans to focus its search on companies within the energy sector that constitute critical links in the supply chain of the...
At the SPAC of Dawn Rare earth miner MP Materials (NYSE:MP) was one of the early winners of the 2020 SPAC boom, having picked up momentum following its 2020 deal with Fortress Value. But, the company’s news that it will become a major supplier of battery materials for Apple’s empire of electronic devices has sent...
Solarius Capital Acquisition Corp. (NASDAQ:SOCAU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SOCAU”, Wednesday, July 16, 2025. The new SPAC plans to combine with a target in the asset management, wealth management or financial services industries. Solarius Capital’s management team...