---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-042981"
form_type: "8-K"
ticker: null
cik: "0001849475"
company_name: "Newcourt Acquisition Corp"
filed_at: "2023-04-07T23:59:59+00:00"
generated_at: "2026-06-17T04:44:43.298679+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Newcourt Acquisition Corp receives Nasdaq delisting notice for MVLS deficiency

## Summary
- On April 3, 2023, Nasdaq notified Newcourt of non-compliance with Listing Rule 5450(b)(2)(A).
- Company's Market Value of Listed Securities (MVLS) fell below the required $50 million threshold.
- Newcourt has 180 calendar days, until October 2, 2023, to regain compliance.
- If MVLS closes at $50M or more for 10 consecutive business days, compliance will be confirmed.
- Failure to cure may lead to delisting; the company may appeal or transfer to Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001104659-23-042981
- form_type: 8-K
- cik: 0001849475
- company_name: Newcourt Acquisition Corp
- filed_at: 2023-04-07T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849475/000110465923042981/0001104659-23-042981-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849475/000110465923042981/tm2312111d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-042981
- JSON: https://secwatch.observer/filing/0001104659-23-042981.json
- Plain text: https://secwatch.observer/filing/0001104659-23-042981.txt

## Key facts
- Listing & Compliance Notices
  Newcourt Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: April 3, 2023, Newcourt Acquisition Corp (the “Company”) received a written notice (the “Letter”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Listing Rule 5450(b)(2)(A), requiring the Company to maintain a Market Value of Listed Securities (“MVLS”) of $50,000,000 for the continued listing of its securities on The Nasdaq Global Market. The Letter 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 Nasda
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849475/000110465923042981/0001104659-23-042981-index.htm

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