secwatch.observer — SEC 8-K summary
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Issuer:     RMG Acquisition Corp. III (—)
CIK:        0001838108
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001140361-23-031428
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

RMG Acquisition Corp. III receives Nasdaq deficiency notice for market value below $35M
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- Nasdaq notice on June 20, 2023: MVLS below $35M minimum for 30 consecutive business days, violating Rule 5550(b)(2).
- Also fails to meet Equity Standard (Rule 5550(b)(1)) and Net Income Standard (Rule 5550(b)(3)).
- Company has 180 days, until December 18, 2023, to regain compliance; shares continue trading.
- If not compliant by deadline, Nasdaq will issue delisting notice; company may appeal to hearings panel.
- Company evaluating options but no assurance of regaining compliance with any listing standard.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1838108/000114036123031428/0001140361-23-031428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1838108/000114036123031428/brhc20054859_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-031428

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