secwatch.observer — SEC 8-K summary
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Issuer:     Atlantic Coastal Acquisition Corp. (—)
CIK:        0001836274
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001104659-23-041817
Event type: regulatory
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.01, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlantic Coastal regains Nasdaq compliance after director resignations and committee appointments
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923041817/0001104659-23-041817-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923041817/tm2311805d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-041817

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