---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-170118"
form_type: "8-K"
ticker: null
cik: "0001837248"
company_name: "Sustainable Development Acquisition I Corp."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:45:04.947584+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SDAC receives Nasdaq deficiency notice for failure to meet minimum MVLS of $35M

## Summary
- Received Nasdaq notice on June 15, 2023 for not meeting minimum Market Value of Listed Securities ($35M) over 30 consecutive business days.
- Has 180 calendar days until December 12, 2023 to regain compliance by closing at or above $35M for 10 consecutive business days.
- If not compliant by deadline, securities may be delisted; company may appeal to a Hearings Panel.
- Company intends to monitor and consider options, but no assurance of regaining compliance.

## SEC filing metadata
- accession: 0001193125-23-170118
- form_type: 8-K
- cik: 0001837248
- company_name: Sustainable Development Acquisition I Corp.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837248/000119312523170118/0001193125-23-170118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837248/000119312523170118/d457946d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-170118
- JSON: https://secwatch.observer/filing/0001193125-23-170118.json
- Plain text: https://secwatch.observer/filing/0001193125-23-170118.txt

## Key facts
- Listing & Compliance Notices
  Sustainable Development Acquisition I Corp. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2), 5550(b)(2), 5810(c)(3)(c)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2), 5550(b)(2), 5810(c)(3)(c)
  source text: June 15, 2023, Sustainable Development Acquisition I Corp. (the “ Company ”) received a notification letter (the “ Notification Letter ”) from The Nasdaq Stock Market, LLC (“ Nasdaq ”) that it is not in compliance with the minimum Market Value of Listed Securities (the “ MVLS ”) set forth in Nasdaq Listing Rule 5450(b)(2) for continued listing on Nasdaq. Nasdaq Listing Rule 5550(b)(2) requires listed securities to maintain a MVLS of $35,000,000, and Nasdaq Listing Rule 5810(c)(3)(c) provides that a failure to meet the minimum MVLS requirement exists if the deficiency continues for a period of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837248/000119312523170118/0001193125-23-170118-index.htm

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