secwatch.observer — SEC 8-K summary
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Issuer:     Target Global Acquisition I Corp. (—)
CIK:        0001847355
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0001193125-24-279695
Event type: regulatory
Sentiment:  negative
Materiality: 0.95
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud

Nasdaq to delist Target Global Acquisition I Corp. for failing to complete SPAC business combination within 36 months
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- Nasdaq notified Target Global Acquisition I Corp. on Dec 10, 2024, that its securities will be suspended and delisted effective Dec 17, 2024.
- Delisting due to non-compliance with Nasdaq IM-5101-2 requiring a SPAC to complete a business combination within 36 months of IPO effectiveness.
- Company expects units (TGAAU), Class A shares (TGAA), and warrants (TGAAW) to trade on OTCQX under the same symbols.
- Target Global continues to pursue its proposed business combination with Venhub Global, Inc. and plans to list VenHub's securities on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847355/000119312524279695/0001193125-24-279695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847355/000119312524279695/d860756d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-279695

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