secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALSP Orchid Acquisition Corp I (—)
CIK:        0001883962
Form:       8-K
Filed at:   2023-04-10T23:59:59+00:00
Accession:  0001193125-23-096566
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ALSP Orchid Acquisition I receives Nasdaq deficiency notice for MVLS below $50M
-------------------------------------------------------------------------------

- Received Nasdaq deficiency notice on Apr 5, 2023 for failing $50M minimum Market Value of Listed Securities (MVLS) requirement.
- Has 180 days (until Oct 2, 2023) to regain compliance by closing MVLS ≥ $50M for 10 consecutive business days.
- If not compliant by deadline, Nasdaq may delist; company may transfer to Nasdaq Capital Market if eligible.
- Securities continue trading on Nasdaq during compliance period.
- Company intends to regain compliance within the specified period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883962/000119312523096566/0001193125-23-096566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883962/000119312523096566/d498508d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-096566

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer