Charlton Aria Acquisition Corp

Charlton Aria Acquisition Corp announced the appointment of Paul Strickland as its new Chief Financial Officer and a director, effective July 22, 2026. Concurrently, Mr. Kyoung Tak Kim and Mr. Wang Jo Cha were appointed as independent directors, joining the audit and compensation committees, respectively. As a result, Mr. Jung Min Lee ceased his role as acting Chief Financial Officer.

Charlton Aria Acquisition Corp has regained compliance with Nasdaq listing rules. The company was previously notified of non-compliance for failing to timely file its Annual Report on Form 10-K and subsequently its Quarterly Report on Form 10-Q. After filing both overdue reports on May 28, 2026, and June 17, 2026, respectively, Nasdaq confirmed on June 23, 2026, that the company is now compliant and the matter is closed.

Charlton Aria Acquisition Corp filed its quarterly report (10-Q) for the period ending March 31, 2026. The company reported a net income of $699,872, a slight decrease from $731,257 in the prior year's comparable period. Earnings per share also saw a marginal decline. Total assets grew to $90.24 million, while liabilities and shareholders' deficit also increased. The company continues its search for an initial business combination.

Charlton Aria Acquisition Corp, a blank check company, is facing significant challenges including multiple leadership changes and Nasdaq delinquency notices. The company's Chairman, CEO, and CFO all resigned, with a new CEO and acting CFO appointed. Nasdaq issued notices for the company's failure to timely file its 2025 Form 10-K and Q1 2026 Form 10-Q, requiring a compliance plan by June 15, 2026. Additionally, the sponsor's ownership changed, and the business combination deadline was extended to July 25, 2026, through an $850,000 deposit from the sponsor.

Charlton Aria Acquisition Corporation announced it received a Nasdaq notice on May 22, 2026, for failing to timely file its Quarterly Report on Form 10-Q for Q1 2026. This follows a prior notice on April 16, 2026, regarding its delinquent Annual Report on Form 10-K for 2025, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq has given the company until June 15, 2026, to file both reports or submit a compliance plan, with a potential exception until October 12, 2026, if the plan is accepted. The company intends to file the reports promptly to regain compliance.

Charlton Aria Acquisition Corp (CHAR) announced an extension of its deadline to complete an initial business combination until July 25, 2026. This extension was facilitated by ST Sponsor II Limited depositing $850,000 into the trust account. In connection with this, the Company issued an unsecured promissory note for $850,000 to the Sponsor, which does not bear interest except for overdue amounts.

Charlton Aria Acquisition Corp received a notice from Nasdaq on April 16, 2026, indicating non-compliance with Listing Rule 5250(c)(1) due to its failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The company has 60 days, until June 15, 2026, to submit a plan to regain compliance. If accepted, Nasdaq may grant an exception of up to 180 calendar days, until October 12, 2026, to file the report and regain compliance.