secwatch.observer — SEC 8-K summary
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Issuer:     ALSP Orchid Acquisition Corp I (—)
CIK:        0001883962
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001193125-23-255095
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq notifies ALSP Orchid of non-compliance with minimum total holders rule
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- Received Nasdaq notice on Oct 9, 2023 for failing to maintain at least 400 total holders on Nasdaq Global Market.
- Company has 45 days (until Nov 24, 2023) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180-day extension; otherwise company can appeal.
- No immediate effect on listing or trading of securities; monitoring holder count and considering options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883962/000119312523255095/0001193125-23-255095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883962/000119312523255095/d561362d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-255095

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