secwatch.observer — SEC 8-K summary
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Issuer:     Disruptive Acquisition Corp I (—)
CIK:        0001838831
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0000950103-23-008996
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Disruptive Acquisition I receives Nasdaq deficiency notice for market value below $35M
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- Received Nasdaq notice on June 16, 2023 that Class A ordinary shares no longer comply with MVLS requirement of $35M.
- Has 180 calendar days, until December 13, 2023, to regain compliance.
- Compliance can be regained if market value closes at $35M+ for 10 consecutive business days.
- Failure to regain compliance may lead to delisting; company can appeal.
- No immediate effect on listing or trading; company is exercising diligent efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838831/000095010323008996/0000950103-23-008996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838831/000095010323008996/dp195475_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-23-008996

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