secwatch.observer — SEC 8-K summary
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Issuer:     DP Cap Acquisition Corp I (—)
CIK:        0001857803
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001140361-23-040960
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

DP Cap Acquisition Corp I receives Nasdaq delisting notice for low MVLS; compliance period until Feb 2024
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- Nasdaq letter on Aug 21, 2023: MVLS below $50M minimum required by Listing Rule 5450(b)(2)(A).
- Compliance period runs through Feb 20, 2024; regain compliance by maintaining MVLS ≥ $50M for 10 consecutive business days.
- Company may evaluate transfer to Nasdaq Capital Market to cure deficiency.
- No immediate effect on listing; shares (DPCS, DPCSW, DPCSU) continue trading on Nasdaq Global Market.
- Risk of delisting if non-compliance persists after Feb 2024; forward-looking statements caution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857803/000114036123040960/0001140361-23-040960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857803/000114036123040960/brhc20057894_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-040960

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