---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236270"
form_type: "8-K"
ticker: null
cik: "0001870778"
company_name: "Opy Acquisition Corp. I"
filed_at: "2023-09-15T23:59:59+00:00"
generated_at: "2026-06-10T16:44:28.914582+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nasdaq notifies OPY Acquisition Corp I of non-compliance with minimum shareholders rule

## Summary
- Received Nasdaq deficiency notice on Sept 12, 2023 for failing minimum 400 holders on Nasdaq Global Market.
- Company has 45 days to submit a compliance plan; Nasdaq may grant up to 180-day extension.
- No immediate delisting effect; securities continue trading on Nasdaq.
- Company intends to submit a plan to regain compliance within required timeframe.

## SEC filing metadata
- accession: 0001193125-23-236270
- form_type: 8-K
- cik: 0001870778
- company_name: Opy Acquisition Corp. I
- filed_at: 2023-09-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1870778/000119312523236270/0001193125-23-236270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1870778/000119312523236270/d532815d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236270
- JSON: https://secwatch.observer/filing/0001193125-23-236270.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236270.txt

## Key facts
- Listing & Compliance Notices
  Opy Acquisition Corp. I received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5450(a)(2)
  source text: September 12, 2023, OPY Acquisition Corp. I (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company was not in compliance with Listing Rule 5450(a)(2), which requires the Company to have at least 400 shareholders for continued listing on the Nasdaq Global Market (the “Minimum Total Holders Rule”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq
  evidence_url: https://www.sec.gov/Archives/edgar/data/1870778/000119312523236270/0001193125-23-236270-index.htm

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