---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-008974"
form_type: "8-K"
ticker: null
cik: "0001847355"
company_name: "Target Global Acquisition I Corp."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:49:09.638101+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Target Global Acquisition I Corp. receives Nasdaq delisting notice for warrants under $1M market value

## Summary
- Nasdaq notified TGAA on June 15, 2023, that warrants' aggregate market value fell below $1M minimum.
- Company must submit a compliance plan by July 30, 2023; if accepted, has until Dec 12, 2023 to regain compliance.
- Non-compliance only affects warrants (TGAAW); Class A shares (TGAA) and units (TGAAU) listing unchanged.
- Company intends to submit a plan within the 45-day submission period to address the deficiency.

## SEC filing metadata
- accession: 0000950103-23-008974
- form_type: 8-K
- cik: 0001847355
- company_name: Target Global Acquisition I Corp.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847355/000095010323008974/0000950103-23-008974-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847355/000095010323008974/dp195452_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-008974
- JSON: https://secwatch.observer/filing/0000950103-23-008974.json
- Plain text: https://secwatch.observer/filing/0000950103-23-008974.txt

## Key facts
- Listing & Compliance Notices
  Target Global Acquisition I Corp. received a nasdaq deficiency notice notice regarding market value (rules 5452(b)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5452(b)(C)
  source text: Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that since the Company’s aggregate market value of its outstanding warrants was less than $1 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set forth in Listing Rule 5452(b)(C), which requires the Company to maintain an aggregate market value of its outstanding warrants of at least $1 million (the “Notice”). The Notice additionally indicates that the Company, pursuant to the Listing Rules, has 45 calendar days, or until July 30, 2023, to submit a plan to regain
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847355/000095010323008974/0000950103-23-008974-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.