secwatch.observer — SEC 8-K summary
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Issuer:     Priveterra Acquisition Corp. II (—)
CIK:        0001821606
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001104659-23-073852
Event type: m_and_a
Sentiment:  negative
Materiality: 0.85
Item codes: 1.02, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tastemaker terminates Quality Gold deal; gets Nasdaq delisting notice
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- Business Combination Agreement with Quality Gold terminated effective June 21, 2023 due to market conditions and SEC not declaring S-4 effective.
- Support Agreement and Sponsor Letter Agreement also terminated concurrently.
- Company received Nasdaq notice on June 15 for MVLS below $35 million; has 180 days until Dec 12, 2023 to regain compliance.
- CEO Andy Pforzheimer expressed disappointment over the failed deal.
- Company is considering options to regain Nasdaq compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821606/000110465923073852/0001104659-23-073852-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821606/000110465923073852/tm2319345d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-073852

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