---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-072899"
form_type: "8-K"
ticker: null
cik: "0001874218"
company_name: "Revelstone Capital Acquisition Corp."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:52:02.497309+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Revelstone Capital receives Nasdaq non-compliance notice for warrants under $1M market value

## Summary
- Nasdaq notified Revelstone on June 14, 2023 that its warrants fail to meet minimum $1,000,000 aggregate market value under Rule 5452(b)(C).
- Company has 45 calendar days (until July 31, 2023) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180 calendar days extension until December 11, 2023.

## SEC filing metadata
- accession: 0001104659-23-072899
- form_type: 8-K
- cik: 0001874218
- company_name: Revelstone Capital Acquisition Corp.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874218/000110465923072899/0001104659-23-072899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874218/000110465923072899/tm2319183d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-072899
- JSON: https://secwatch.observer/filing/0001104659-23-072899.json
- Plain text: https://secwatch.observer/filing/0001104659-23-072899.txt

## Key facts
- Listing & Compliance Notices
  Revelstone Capital Acquisition Corp. received a nasdaq deficiency notice notice regarding market value (rules 5452(b)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5452(b)(C)
  source text: June 14, 2023, Revelstone Capital Acquisition Corp., a Delaware corporation (the “ Company ”) received a notification letter (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that that it was not in compliance with Nasdaq Listing Rule 5452(b)(C) with respect to its warrants for failing to maintain a minimum of $1,000,000 in aggregate market value of its outstanding warrants which is required by the Nasdaq Global Market. Under the Nasdaq Listing Rules, the Company has 45 calendar days from June 14, 2023, or July 31, 2023, to submi
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874218/000110465923072899/0001104659-23-072899-index.htm

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