---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-079803"
form_type: "8-K"
ticker: null
cik: "0001631282"
company_name: "DATASEA INC."
filed_at: "2022-12-14T23:59:59+00:00"
generated_at: "2026-06-21T04:47:55.801045+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Datasea receives Nasdaq deficiency notice for MVLS below $35M minimum

## Summary
- MVLS below $35M minimum for 30 consecutive business days as of Dec 9, 2022.
- Company given 180 days, until June 7, 2023, to regain compliance.
- No immediate effect on Nasdaq listing; company to monitor and consider options.
- Compliance requires MVLS closing at $35M or more for 10 consecutive business days.

## SEC filing metadata
- accession: 0001213900-22-079803
- form_type: 8-K
- cik: 0001631282
- company_name: DATASEA INC.
- filed_at: 2022-12-14T23:59:59+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/1631282/000121390022079803/0001213900-22-079803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631282/000121390022079803/ea169946-8k_datasea.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-079803
- JSON: https://secwatch.observer/filing/0001213900-22-079803.json
- Plain text: https://secwatch.observer/filing/0001213900-22-079803.txt

## Key facts
- Listing & Compliance Notices
  DATASEA INC. received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5550(b)(2)
  source text: December 9, 2022, Datasea Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below the $35 million minimum requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2) (the “MVLS Requirement”). The notification received has no immediate effect on the Company’s Nasdaq listing. In accordance with Nasdaq rules, the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1631282/000121390022079803/0001213900-22-079803-index.htm

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