---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-041817"
form_type: "8-K"
ticker: null
cik: "0001836274"
company_name: "Atlantic Coastal Acquisition Corp."
filed_at: "2023-04-05T23:59:59+00:00"
generated_at: "2026-06-17T06:01:35.431122+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Atlantic Coastal regains Nasdaq compliance after director resignations and committee appointments

## Summary
- Received Nasdaq notice on April 3, 2023 for non-compliance due to director resignation.
- Director Anthony D. Eisenberg resigned on April 4, 2023 to restore majority independent board.
- Appointed Joanna Lord to Compensation Committee; Iqbaljit Kahlon named chair of both Audit and Compensation.
- Reassigned Joanna Lord from Class II to Class III to fix board class imbalance.
- Company believes it has remedied all deficiencies with respect to Nasdaq listing rules.

## SEC filing metadata
- accession: 0001104659-23-041817
- form_type: 8-K
- cik: 0001836274
- company_name: Atlantic Coastal Acquisition Corp.
- filed_at: 2023-04-05T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.01, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836274/000110465923041817/0001104659-23-041817-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836274/000110465923041817/tm2311805d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-041817
- JSON: https://secwatch.observer/filing/0001104659-23-041817.json
- Plain text: https://secwatch.observer/filing/0001104659-23-041817.txt

## Key facts
- Listing & Compliance Notices
  Atlantic Coastal Acquisition Corp. received a nasdaq deficiency notice notice regarding audit committee (rules 5605, 5605(b)(1)(A), 5605(c)(4)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: audit committee
  - Rules: 5605, 5605(b)(1)(A), 5605(c)(4)
  source text: April 3, 2023, the Company received notice (“Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that, as a result of Mr. Tapiero’s resignation, the Company was not in compliance with Nasdaq’s listing rules (the “Listing Rules”) as set forth in Listing Rule 5605 given the Company’s failure to adhere to the independent director, audit, and compensation committee requirements. Consistent with Listing Rules 5605(b)(1)(A) and 5605(c)(4), the Company has until the earlier of the Company’s next annual shareholders’ meeting or March 21, 2024 to regain compliance. However, if th
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836274/000110465923041817/0001104659-23-041817-index.htm
- Executive change
  Anthony D. Eisenberg resigned as Director at Atlantic Coastal Acquisition Corp..
  - Action: resigned
  - Role: Director
  source text: On April 4, 2023, Anthony D. Eisenberg resigned from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836274/000110465923041817/0001104659-23-041817-index.htm

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