secwatch.observer — SEC 8-K summary
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Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001140361-23-016737
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Rosecliff Acquisition Corp I receives Nasdaq delisting notice for MVLS and equity shortfalls
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- Nasdaq notice on April 3, 2023 for failure to meet $35M Market Value of Listed Securities (MVLS) over 30 consecutive business days.
- Also non-compliant with Listing Rules 5550(b)(1) and (b)(3) due to stockholders' equity below $2.5M or insufficient net income.
- Company has 180 days, until October 2, 2023, to regain compliance with Nasdaq Capital Market requirements.
- Compliance can be achieved if MVLS closes at $35M or more for at least 10 consecutive business days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000114036123016737/0001140361-23-016737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000114036123016737/brhc10051102_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-016737

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