secwatch.observer — SEC 8-K summary
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Issuer:     Iris Acquisition Corp (—)
CIK:        0001831874
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001104659-23-105902
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Iris Acquisition Corp receives Nasdaq delisting notice; plans to appeal
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- Received delisting notice from Nasdaq on Sept 26, 2023 for failing to maintain min MVLS of $35M over 30 consecutive business days.
- Company intends to appeal by requesting hearing before Nasdaq Hearings Panel; stay of suspension pending decision.
- As of Sept 25, 2023, MVLS exceeded $35M requirement; if maintained for 10 consecutive trading days during stay, compliance may be regained.
- Class A common shares outstanding as of Sept 25, 2023: 7,306,609.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831874/000110465923105902/0001104659-23-105902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831874/000110465923105902/tm2327390d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-105902

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