Mercator Acquisition Corp filed a Notification of Late Filing on August 25. Form NT 10-Q. They asked for more time on the quarter.
The shell, not the deal
An NT is a missed beat. Pulse dropped 50 → 36. Filing the NT late, or filing it at all after the due date, is not progress on a combination. It is a health haircut on the vehicle.
The 10-Q that follows can recover some of that. It does not put them back to 50.
Pulse Impact
- Previous Pulse: 50
- New Pulse: 36
- Change: –14
- Driver: A late-notice filing is a missed beat. Pulse stepped down.
NT 10-Q, August 25. Not investment advice.