---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-024613"
form_type: "8-K"
ticker: "HGAS"
cik: "0001817232"
company_name: "Global Gas Corp"
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:36:29.970689+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dune Acquisition receives Nasdaq delisting notice for MVLS below $35M minimum

## Summary
- Nasdaq notified Dune on March 24, 2023, that MVLS of Class A common stock was below $35M for 30 consecutive business days.
- Company has 180 calendar days, until September 20, 2023, to regain compliance by achieving MVLS >= $35M for 10 consecutive business days.
- Failure to comply by deadline will result in delisting of Class A common stock; company may appeal.
- Dune is monitoring MVLS and evaluating options to regain compliance.

## SEC filing metadata
- accession: 0001213900-23-024613
- form_type: 8-K
- ticker: HGAS
- cik: 0001817232
- company_name: Global Gas Corp
- filed_at: 2023-03-30T23:59:59+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/1817232/000121390023024613/0001213900-23-024613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817232/000121390023024613/ea175971-8k_duneacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-024613
- JSON: https://secwatch.observer/filing/0001213900-23-024613.json
- Plain text: https://secwatch.observer/filing/0001213900-23-024613.txt

## Key facts
- Listing & Compliance Notices
  Global Gas Corp received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5810(c)(3)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5550(b)(2), 5810(c)(3)(C)
  source text: March 24, 2023, Dune Acquisition Corporation (the “Company”) received a notice from the staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the previous 30 consecutive business days, the minimum Market Value of Listed Securities (“MVLS”) for the Company’s Class A common stock was below the $35 million minimum MVLS requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(2) (the “MLVS Rule”). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company will have 180 calendar days, or until September 20, 2023, to regain compliance wit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817232/000121390023024613/0001213900-23-024613-index.htm

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