{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-030784","form_type":"8-K","ticker":null,"cik":"0001768910","company_name":"Greencity Acquisition Corp","filed_at":"2023-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.469786+00:00","generated_at":"2026-06-18T05:40:45.124871+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Greencity Acquisition receives Nasdaq deficiency notice for minimum publicly held shares","bullets":["Nasdaq notified Greencity on March 8, 2023 of non-compliance with Listing Rule 5550(a)(4) requiring at least 500,000 publicly held shares.","Company must submit a plan to achieve compliance by April 24, 2023; trading unaffected in the interim.","If plan not accepted, Greencity can appeal to a Nasdaq Hearings Panel.","Notice has no immediate effect on listing or trading of GRCYU, GRCY, GRCYW securities."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-030784","json":"https://secwatch.observer/filing/0001104659-23-030784.json","markdown":"https://secwatch.observer/filing/0001104659-23-030784.md","text":"https://secwatch.observer/filing/0001104659-23-030784.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768910/000110465923030784/0001104659-23-030784-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768910/000110465923030784/tm239135d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T05:40:45.124871+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e61cd663e8b8bd8585916c6e10d69d1cd725468d","claim":"Greencity Acquisition Corp received a nasdaq deficiency notice notice regarding other (rules 5550(a)(4)).","evidence_excerpt":"March 8, 2023, the Company received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Listing Rule 5550(a)(4) (the “Minimum Publicly Held Shares Rule”), which requires the Company to have at least 500,000 Publicly Held Shares for continued listing on the NASDAQ Capital Market. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Capital Market. The Notice states that the Co","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768910/000110465923030784/0001104659-23-030784-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Rules","value":"5550(a)(4)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}