Global Star Acquisition Inc.: Nasdaq/NYSE listing notice — Global Star Acquisition receives NASDAQ deficiency notice for late Q1 10-Q filing

Global Star Acquisition Inc.

NASDAQ Compliance Letter received May 23, 2023 for failing to timely file Q1 2023 Form 10-Q and 2022 Form 10-K.
Company filed 2022 Form 10-K on May 25, 2023; expects to file Q1 10-Q before June 20, 2023 cure deadline.
No immediate effect on listing or trading of GLST, GLSTW, GLSTR securities on Nasdaq Capital Market.
If plan accepted, NASDAQ may grant extension until October 16, 2023 to regain compliance.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

Global Star Acquisition Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

May 23, 2023 by Global Star Acquisition Inc. (the “Company”) with the Securities Exchange Commission, the Company had determined that it required additional time to complete its Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 (the “Q1 2023 Form 10-Q”) and expected to receive a notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) that the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1). The Company received such notice (the “Compliance Letter”) on May 23, 2023, which has no immediate effect on the listing or trading of t

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Source: SEC EDGAR

accession 0001193125-23-155170

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