secwatch.observer — SEC 8-K summary
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Issuer:     TLGY ACQUISITION CORP (TLGYF)
CIK:        0001879814
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001104659-24-058016
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

TLGY Acquisition receives Nasdaq delisting notice for failure to meet minimum 400 shareholder rule; plans appeal
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- Nasdaq notified TLGY on May 1, 2024 that it failed to regain compliance with the minimum 400 total shareholders rule by April 8, 2024 extension deadline.
- Company intends to request a hearing before the Nasdaq Hearings Panel to appeal the delisting notice.
- Hearing request automatically stays delisting and suspension of securities pending the Panel's decision.
- No assurance that the appeal will be successful; securities remain at risk of delisting if denied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879814/000110465924058016/0001104659-24-058016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879814/000110465924058016/tm2413700d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-058016

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