Sichenzia Ross Ference Carmel LLP Successfully Represents Global System Dynamics, Inc. in NASDAQ Delisting Hearing

Press Release – New York, NY – January 5th, 2023 – Sichenzia Ross Ference Carmel LLP announced today that it represented Global Systems Dynamics, Inc. (NASDAQ: GSD, GSDWW, GSDWU) (“GSD” or the “Company”) in front of a NASDAQ hearing panel, to determine the future of GSD’s listing on the Nasdaq Capital Markets. The hearing was a success, with GSD being granted a conditional extension to complete their business combination with DarkPulse, Inc. (OTC: DPLS), and re-evaluating NASDAQ status by April 1st, 2024.

GSD is a newly organized blank check company incorporated in January 2021 as a Delaware corporation, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Rick Iler, CFO of GSD, stated, “We are very excited to report that we have been granted a conditional extension to accomplish our business combination by Nasdaq by April 1, 2024. We will continue to work diligently to meet the stipulations of the Staff. Once completed, we remain confident that this transaction will create significant shareholder value.”

The Sichenzia Ross Ference Carmel LLP team was led by partner Ross Carmel, and associate Mohit Agrawal.

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Sichenzia Ross Ference Carmel LLP

Sichenzia Ross Ference Carmel LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRFC’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.

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Sichenzia Ross Ference Carmel LLP Successfully Represents Global System Dynamics, Inc. in NASDAQ Delisting Hearing

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