---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-094170"
form_type: "8-K"
ticker: null
cik: "0001838513"
company_name: "Marblegate Acquisition Corp."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:21:01.433945+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Marblegate Acquisition Corp. receives Nasdaq deficiency notice for MVLS below $50M

## Summary
- Received Nasdaq deficiency notice on March 31, 2023 for failing minimum Market Value of Listed Securities of $50M on Global Market.
- Has 180 days, until September 27, 2023, to regain compliance by closing at MVLS ≥$50M for 10 consecutive business days.
- May consider options including proposed business combination with DePalma Acquisition I & II or transfer to Nasdaq Capital Market.
- If not compliant by deadline, securities subject to delisting; company may appeal to Nasdaq Panel.

## SEC filing metadata
- accession: 0001193125-23-094170
- form_type: 8-K
- cik: 0001838513
- company_name: Marblegate Acquisition Corp.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838513/000119312523094170/0001193125-23-094170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838513/000119312523094170/d475062d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-094170
- JSON: https://secwatch.observer/filing/0001193125-23-094170.json
- Plain text: https://secwatch.observer/filing/0001193125-23-094170.txt

## Key facts
- Listing & Compliance Notices
  Marblegate Acquisition Corp. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: March 31, 2023, Marblegate Acquisition Corp. (the “Company”) received a deficiency notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is no longer in compliance with the minimum Market Value of Listed Securities (“MVLS”) of $50 million for continued listing on The Nasdaq Global Market, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) (the “MVLS Requirement”). This notification has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Global Market and the Company’s Class A common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838513/000119312523094170/0001193125-23-094170-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.