Global Star Acquisition Inc.: Nasdaq/NYSE listing notice — Global Star Acquisition regains Nasdaq compliance by filing late 10-K; still working on Q1 10-Q

Global Star Acquisition Inc.

Received Nasdaq delinquency notice on Apr 19, 2023 for failing to file FY 2022 10-K on time.
Filed the overdue 10-K on May 25, 2023; Nasdaq confirmed compliance on June 1, 2023.
Company's securities continue to trade on Nasdaq; delisting risk resolved.
Still working on Q1 2023 10-Q; expects to file by June 26, 2023.

item 3.01 item 7.01 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 compliance regained notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

June 1, 2023, the Company received a letter from Nasdaq indicating that based on the Company’s May 25, 2023 filing of the Form 10-K, the Staff has determined that the Company has complied with the Listing Rule and, accordingly, the matter was closed. As a result, the Company is currently in compliance with the Nasdaq Listing Rules and the Company’s securities will continue to trade on Nasdaq. As previously disclosed in the Notification of Late Filing on Form 12b-25 filed on May 15, 2023 and Amendment No. 1 filed on May 23, 2023 by the Company with the SEC, the Company had determined that it re

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Source: SEC EDGAR

accession 0001193125-23-161513

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