secwatch.observer — SEC 8-K summary
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Issuer:     Greencity Acquisition Corp (—)
CIK:        0001768910
Form:       8-K
Filed at:   2023-03-29T23:59:59+00:00
Accession:  0001104659-23-037858
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Greencity Acquisition receives Nasdaq deficiency notice for minimum market value of listed securities
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- Received Nasdaq notice on March 24, 2023 for non-compliance with Listing Rule 5550(b)(2) requiring $35M minimum market value of listed securities.
- The notice has no immediate effect on trading of GRCYU, GRCY, GRCYW on Nasdaq Capital Market.
- Company has 180 calendar days, until September 20, 2023, to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1768910/000110465923037858/0001104659-23-037858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1768910/000110465923037858/tm2310778d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-037858

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