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HOUSTON, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Global System Dynamics, Inc. (NASDAQ:GSD) ("GSD" or the "Company") today announced that its sponsor, DarkPulse, Inc. (the "Sponsor"), has deposited an aggregate of $29,816.63 (representing approximately an additional $0.0625 per public share) into the Company's trust account for the benefit of its valued public stockholders. This additional contribution enables the Company to extend the date by which the Company has to complete its initial business combination for an additional one-month extension from January 9, 2024 to February 9, 2024. Such contribution effectively increases the pro rata portion of the funds available in the Company's trust acc
HOUSTON, Texas, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Today, Global System Dynamics, Inc. ("GSD," the "Company") announced that it received notification from The Nasdaq Stock Market LLC ("Nasdaq") that it is not in compliance with the Nasdaq's annual shareholder meeting requirement, pursuant to Nasdaq Listing Rule 5620(a). On January 5, 2024, Nasdaq notified the Company in a letter (the "Notice Letter") that it did not comply with Nasdaq Listing Rule 5620(a), which requires listed companies to hold an annual shareholder's meeting no later than one year following its last fiscal year. To date, the Company has not held its annual shareholder's meeting. The Notice Letter stated that such deficie
HOUSTON, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Global System Dynamics, Inc. (NASDAQ:GSD, GSDWW, GSDWU))) ("GSD" or the "Company") today provided an update regarding the status of its compliance with Nasdaq's continued listed standards and anticipated next steps to maintain its listing on The Nasdaq Capital Market ("Nasdaq" or the "Exchange"). Pursuant to a letter dated January 2, 2024, Nasdaq Hearings Panel (the "Staff") granted GSD's request to continue its listing on Nasdaq, subject to the Company filing its response to the Securities and Exchange Commission (the "SEC") comments received on the Company's Form S-4, by or before January 19, 2024. The Staff also requires GSD to complete its