---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-019199"
form_type: "8-K"
ticker: "SGLY"
cik: "0001422892"
company_name: "Singularity Future Technology Ltd."
filed_at: "2023-03-10T23:59:59+00:00"
generated_at: "2026-06-18T05:21:32.247870+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Singularity Future receives Nasdaq non-compliance notice for audit committee rule after director resignation

## Summary
- Nasdaq notified Singularity on March 8, 2023 that it no longer complies with Listing Rule 5605 audit committee requirement.
- Non-compliance triggered by resignation of director John Levy from board and audit committee effective Feb 23, 2023.
- Cure period extends until earlier of next annual shareholders' meeting or Feb 23, 2024; if meeting before Aug 22, 2023, compliance due by Aug 22, 2023.
- Company states it intends to regain compliance with Nasdaq's audit committee rule before cure period ends.

## SEC filing metadata
- accession: 0001213900-23-019199
- form_type: 8-K
- ticker: SGLY
- cik: 0001422892
- company_name: Singularity Future Technology Ltd.
- filed_at: 2023-03-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422892/000121390023019199/0001213900-23-019199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422892/000121390023019199/ea175018-8k_singular.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-019199
- JSON: https://secwatch.observer/filing/0001213900-23-019199.json
- Plain text: https://secwatch.observer/filing/0001213900-23-019199.txt

## Key facts
- Listing & Compliance Notices
  Singularity Future Technology Ltd. received a nasdaq deficiency notice notice regarding audit committee (rules 5605).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: audit committee
  - Rules: 5605
  source text: March 8, 2023, Singularity Future Technology Ltd. (the “Company”) received a notice from Nasdaq Listing Qualifications department of The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company no longer complies with Nasdaq’s audit committee requirement under Nasdaq’s Listing Rule 5605 following the resignation of John Levy from the Company’s board of directors and audit committee effective February 23, 2023. Nasdaq advised the Company that in accordance with Nasdaq’s Listing Rule 5605(c)(4), the Company has a cure period to regain compliance (i) until the earlier of the Company’s next ann
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422892/000121390023019199/0001213900-23-019199-index.htm

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