secwatch.observer — SEC 8-K summary
======================================

Issuer:     Atlantic Coastal Acquisition Corp. (—)
CIK:        0001836274
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001104659-23-054331
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlantic Coastal Acquisition receives Nasdaq delisting notice for insufficient publicly held shares
--------------------------------------------------------------------------------

- Received Nasdaq notice on Apr 27, 2023 for failing to maintain minimum 500,000 publicly held shares; currently 461,370.
- Must submit a compliance plan by June 12, 2023 under Listing Rule 5550(a)(4).
- Company expects deficiency resolved when certain 10% holders file Form 13Fs reflecting lower holdings as of Mar 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923054331/0001104659-23-054331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836274/000110465923054331/tm2314282d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-054331

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer