Achari Ventures Holdings Corp. I: Nasdaq/NYSE listing notice — Achari Ventures receives Nasdaq deficiency notice for failing market value and public share listing rules

Achari Ventures Holdings Corp. I

Received Nasdaq letter on Jan 22, 2023 citing non-compliance with Listing Rules 5450(b)(2)(A)-(C): market value below $50M, public shares below 1.1M, public float market value below $15M.
Also not compliant with alternative requirements under Rules 5450(b)(1) or (b)(3).
Company has 45 days to submit a compliance plan; if accepted, Nasdaq may grant up to 180 days extension.
If plan rejected, company may appeal; trading of securities continues unaffected for now.

Key facts

Extracted from this filing and checked against the source text.

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

Achari Ventures Holdings Corp. I received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5450(b)(2)(C)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(2)(A), 5450(b)(2)(C)

Exact text from the filing

January 22, 2023, Achari Ventures Holdings Corp. I, a Delaware company (the “ Company ”) received a letter (the “ Letter ”) from the Nasdaq Listing Qualifications department of Nasdaq Global Market (“ Nasdaq ”) indicating that the Company was not in compliance with certain continued listing requirements, including (i) Listing Rule 5450(b)(2)(A), requiring a “Market Value” of “Listed Securities” of $50 million, (ii) Listing Rule 5450(b)(2)(B), requiring at least 1,100,000 “Publicly Held Shares” and (iii) Listing Rule 5450(b)(2)(C), requiring a “Market Value” of “Publicly Held Shares” of at leas

View on SEC.gov

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

Achari Ventures Holdings Corp. I received a nasdaq deficiency notice notice regarding other (rules 5450(b)(2)(B)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5450(b)(2)(B)

Exact text from the filing

January 22, 2023, Achari Ventures Holdings Corp. I, a Delaware company (the “ Company ”) received a letter (the “ Letter ”) from the Nasdaq Listing Qualifications department of Nasdaq Global Market (“ Nasdaq ”) indicating that the Company was not in compliance with certain continued listing requirements, including (i) Listing Rule 5450(b)(2)(A), requiring a “Market Value” of “Listed Securities” of $50 million, (ii) Listing Rule 5450(b)(2)(B), requiring at least 1,100,000 “Publicly Held Shares” and (iii) Listing Rule 5450(b)(2)(C), requiring a “Market Value” of “Publicly Held Shares” of at leas

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001193125-23-015200

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.