secwatch.observer — SEC 8-K summary
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Issuer:     Evo Acquisition Corp (—)
CIK:        0001834342
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0001213900-23-027988
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVO Acquisition Corp. receives Nasdaq deficiency notices for MVLS and public float
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- On April 3, 2023, Nasdaq notified EVO that its MVLS was below $35M minimum for 30 consecutive business days.
- Company has 180 days (until Oct 2, 2023) to regain MVLS compliance by closing at $35M+ for 10 consecutive days.
- On April 5, 2023, Nasdaq notified EVO that its publicly held shares fell below the 500,000 minimum; plan due by May 22, 2023.
- Company is evaluating options including its business combination agreement with 20Cube Logistics Pte. Ltd. (announced Oct 18, 2022).
- Securities continue trading on Nasdaq; no immediate delisting effect, but failure to comply could lead to delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834342/000121390023027988/0001213900-23-027988-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834342/000121390023027988/ea176547-8k_evoacquis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-027988

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