---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-058653"
form_type: "8-K"
ticker: null
cik: "0001831874"
company_name: "Iris Acquisition Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:52:34.394524+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Iris Acquisition Corp receives additional Nasdaq delisting notice over 500K public share requirement

## Summary
- On May 2, 2024, Nasdaq notified Iris that it fails the minimum 500,000 publicly held shares requirement.
- This deficiency becomes an additional basis for delisting, to be addressed at the already-scheduled hearing.
- Company previously received non-compliance on SPAC business combination deadline and requested a hearing.
- Iris intends to address both deficiencies at the hearing; no assurance of regaining compliance.

## SEC filing metadata
- accession: 0001104659-24-058653
- form_type: 8-K
- cik: 0001831874
- company_name: Iris Acquisition Corp
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831874/000110465924058653/0001104659-24-058653-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831874/000110465924058653/tm2413860-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-058653
- JSON: https://secwatch.observer/filing/0001104659-24-058653.json
- Plain text: https://secwatch.observer/filing/0001104659-24-058653.txt

## Key facts
- Listing & Compliance Notices
  Iris Acquisition Corp received a nasdaq noncompliance notice notice regarding other (rules 5550(a)(4), 5810(d)(2), IM-5101-2).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Rules: 5550(a)(4), 5810(d)(2), IM-5101-2
  source text: March 5, 2024, the Company received a written notice from the Listing Qualifications Department of Nasdaq, indicating that the Company had failed to comply with IM-5101-2 of the Rules, which requires that a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of its IPO registration statement, and that unless the Company timely requests a hearing before the Nasdaq Hearings Panel, the Company's securities would be subject to suspension and delisting. The Company timely requested the hearing (the "Hearing"). On May 2, 2024, the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831874/000110465924058653/0001104659-24-058653-index.htm

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