Springwater Special Situations Corp. Receives Notice from Nasdaq Regarding Late Form 10-Q Filing

May 25, 2023

New York, New York, May 25, 2023 (GLOBE NEWSWIRE) — Springwater Special Situations Corp. (Nasdaq:SWSS) (the “Company”) announced today that the Nasdaq Stock Market LLC (“Nasdaq”), by letter dated May 25, 2023 (the “Notice”), notified the Company that it was not in compliance with Nasdaq’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 (the “Quarterly Report”).

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