---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-006428"
form_type: "8-K"
ticker: null
cik: "0001849548"
company_name: "Onyx Acquisition Co. I"
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T11:38:59.832191+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Onyx Acquisition receives Nasdaq deficiency notice for failing round lot holder rule

## Summary
- Received Nasdaq Staff notice on Oct 24, 2023 for non-compliance with Listing Rule 5450(a)(2).
- Must submit compliance plan within 45 days; if accepted, has until April 21, 2024 to regain compliance.
- Class A ordinary shares continue trading on Nasdaq Global Market during cure period.
- Company may evaluate transfer to Nasdaq Capital Market if unable to regain compliance.

## SEC filing metadata
- accession: 0001013762-23-006428
- form_type: 8-K
- cik: 0001849548
- company_name: Onyx Acquisition Co. I
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849548/000101376223006428/0001013762-23-006428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849548/000101376223006428/ea187248-8k_onyxacq1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-006428
- JSON: https://secwatch.observer/filing/0001013762-23-006428.json
- Plain text: https://secwatch.observer/filing/0001013762-23-006428.txt

## Key facts
- Listing & Compliance Notices
  Onyx Acquisition Co. I received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5450(a)(2)
  source text: October 24, 2023, Onyx Acquisition Co. I (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, since the Company’s Form 10-Q for the period ended June 30, 2023 reported total holders below the round lot holder requirement under Nasdaq Listing Rule 5450(a)(2) (the “Round Lot Requirement”), the Company no longer complies with Nasdaq’s Listing Rules. The Notice does not impact the listing of the Company’s Class A ordinary shares, par value $0.0001 per share (“Class A o
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849548/000101376223006428/0001013762-23-006428-index.htm

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