---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-180559"
form_type: "8-K"
ticker: null
cik: "0001848821"
company_name: "Global Technology Acquisition Corp. I"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:21:11.883549+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# GTAC receives Nasdaq delisting notice for MVLS below $50M threshold

## Summary
- Received Nasdaq notice on June 28, 2023 for failing MVLS minimum of $50M for 30 consecutive business days.
- Compliance period of 180 days until December 26, 2023 to regain compliance by closing at or above $50M for 10 consecutive business days.
- Company does not meet alternative Nasdaq Global Market standards (Equity, Total Assets/Total Revenue).
- GTAC may consider transferring listing to Nasdaq Capital Market but no assurance of success.
- Trading continues during cure period; if not cured, securities subject to delisting with possible appeal.

## SEC filing metadata
- accession: 0001193125-23-180559
- form_type: 8-K
- cik: 0001848821
- company_name: Global Technology Acquisition Corp. I
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1848821/000119312523180559/0001193125-23-180559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1848821/000119312523180559/d367334d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-180559
- JSON: https://secwatch.observer/filing/0001193125-23-180559.json
- Plain text: https://secwatch.observer/filing/0001193125-23-180559.txt

## Key facts
- Listing & Compliance Notices
  Global Technology Acquisition Corp. I received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: June 28, 2023, Global Technology Acquisition Corp. I, a Cayman Islands exempted company (the “Company” or “GTAC”), received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below the minimum of $50 million required for continued listing on the Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A) (the “Market Value Standard”). The Staff also noted that the Company does n
  evidence_url: https://www.sec.gov/Archives/edgar/data/1848821/000119312523180559/0001193125-23-180559-index.htm

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