---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-094177"
form_type: "8-K"
ticker: null
cik: "0001834755"
company_name: "Social Leverage Acquisition Corp I"
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:20:38.588075+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Social Leverage Acquisition Corp I receives Nasdaq MVLS deficiency notice for common stock

## Summary
- Nasdaq notified company on April 3, 2023 that common stock MVLS was below $50M for 30 consecutive trading days.
- Company has 180 calendar days, until October 2, 2023, to regain compliance by achieving MVLS >= $50M for 10 consecutive business days.
- If not compliant by deadline, company may transfer to Nasdaq Capital Market or face delisting; company is evaluating options.

## SEC filing metadata
- accession: 0001193125-23-094177
- form_type: 8-K
- cik: 0001834755
- company_name: Social Leverage Acquisition Corp I
- 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/1834755/000119312523094177/0001193125-23-094177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834755/000119312523094177/d435687d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-094177
- JSON: https://secwatch.observer/filing/0001193125-23-094177.json
- Plain text: https://secwatch.observer/filing/0001193125-23-094177.txt

## Key facts
- Listing & Compliance Notices
  Social Leverage Acquisition Corp I 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: April 3, 2023, Social Leverage Acquisition Corp I, a Delaware company (the “Company”) received a letter (the “Letter”) from the staff at The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the 30 consecutive trading days prior to the date of the Letter, the Company’s common stock had traded at a value below the minimum $50,000,000 “Market Value of Listed Securities” (“MVLS”) requirement set forth in Nasdaq Listing Rule 5450(b)(2)(A), which is required for continued listing of the Company’s common stock on The Nasdaq Global Market. The Letter is only a notification of deficie
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834755/000119312523094177/0001193125-23-094177-index.htm

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