secwatch.observer — SEC 8-K summary
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Issuer:     Global Technology Acquisition Corp. I (—)
CIK:        0001848821
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001193125-23-255062
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

GTAC receives Nasdaq deficiency notice for failing minimum public holders rule
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- Received notice on Oct 9, 2023 from Nasdaq Staff for non-compliance with Listing Rule 5450(a)(2) requiring 400 public holders.
- Company has 45 days to submit a plan to regain compliance with the Minimum Public Holders Rule.
- May consider transferring listing to Nasdaq Capital Market if it satisfies continued listing requirements.
- No immediate delisting; extension possible up to 180 days if plan is accepted by Nasdaq.
- There is no assurance that compliance will be regained or maintained; risk of delisting persists.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1848821/000119312523255062/0001193125-23-255062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1848821/000119312523255062/d569963d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-255062

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