secwatch.observer — SEC 8-K summary
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Issuer:     Cascadia Acquisition Corp. (—)
CIK:        0001846968
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001193125-23-139399
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Cascadia Acquisition Corp. receives Nasdaq MVLS deficiency notice; 180-day cure period to Oct 30, 2023
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- Nasdaq notified company on May 3, 2023 that Minimum Value of Listed Securities (MVLS) was below $50 million for 30 consecutive trading days.
- Company has 180 calendar days, until October 30, 2023, to regain compliance by closing MVLS at or above $50M for ten consecutive business days.
- If unable to regain Global Market compliance, company may transfer listing to Nasdaq Capital Market if conditions are met.
- No immediate effect on listing or trading; company intends to monitor and evaluate options to resolve deficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846968/000119312523139399/0001193125-23-139399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846968/000119312523139399/d446217d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-139399

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