---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-016168"
form_type: "8-K"
ticker: null
cik: "0001844389"
company_name: "Ace Global Business Acquisition Ltd"
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:56:03.903627+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ace Global Business Acquisition receives Nasdaq delisting notice for insufficient public holders

## Summary
- Received Nasdaq letter on Feb 27, 2023 for failing to maintain minimum 300 public holders (Rule 5550(a)(3)).
- Has 45 calendar days to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant exception until August 26, 2023 to regain compliance.
- Company intends to submit a compliance plan within the specified period.

## SEC filing metadata
- accession: 0001213900-23-016168
- form_type: 8-K
- cik: 0001844389
- company_name: Ace Global Business Acquisition Ltd
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844389/000121390023016168/0001213900-23-016168-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844389/000121390023016168/ea174392-8k_aceglobal.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-016168
- JSON: https://secwatch.observer/filing/0001213900-23-016168.json
- Plain text: https://secwatch.observer/filing/0001213900-23-016168.txt

## Key facts
- Listing & Compliance Notices
  Ace Global Business Acquisition Ltd received a nasdaq deficiency notice notice regarding shareholders (rules 5550(a)(3), 5810(c)(2)(G)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5550(a)(3), 5810(c)(2)(G)
  source text: February 27, 2023, Ace Global Business Acquisition Limited (the “Company”) received a letter from the Nasdaq Stock Market LLC (“Nasdaq”), which stated that the Company no longer complies with Nasdaq’s continued listing rules due to the Company not maintaining a minimum of 300 public holders for continued listing, as required pursuant to rule 5550(a)(3). In accordance with Nasdaq Rule 5810(c)(2)(G), the Company has 45 calendar days to submit a plan to regain compliance and, if Nasdaq accepts the plan, Nasdaq can grant the Company an exception of up to 180 calendar days from the date of this let
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844389/000121390023016168/0001213900-23-016168-index.htm

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