Spectral AI, Inc. (MDAI): Nasdaq/NYSE listing notice — Rosecliff Acquisition Corp I receives Nasdaq deficiency notice after 98.2% stock redemption, faces potential delisting

Spectral AI, Inc.

Notice on Jan 22, 2023 for non-compliance with Nasdaq Rule 5550(a)(4) due to insufficient publicly held shares.
Stockholders redeemed 24,841,284 shares (~98.2% of Class A common stock) at Dec 21, 2022 special meeting.
Company has until March 9, 2023 to submit a plan to regain compliance.
If plan not accepted, company may appeal before Nasdaq Hearings Panel.
Failure to regain compliance could lead to delisting from Nasdaq.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Spectral AI, Inc. received a nasdaq deficiency notice notice regarding other (rules 5550(a)(4)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5550(a)(4)

Exact text from the filing

January 22, 2023, Rosecliff Acquisition Corp I (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with Listing Rule 5550(a)(4), due to the Company’s failure to meet the minimum 500,000 publicly held shares requirement for the Nasdaq Capital Market. The Notice is only a notification of deficiency, not of imminent delisting. The Notice states that the Company has until March 9, 2023 to submit a plan to achieve and sustain compliance with all Nas

View on SEC.gov

8 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Spectral AI, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-23-004438

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.