Malacca Straits Acquisition Co Ltd: Nasdaq/NYSE listing notice — Malacca Straits receives Nasdaq notice for failing public float requirement; must submit plan by June 5, 2023

Malacca Straits Acquisition Co Ltd

Received Nasdaq Public Float Notice on April 21, 2023 for failing minimum 500,000 publicly held shares (Rule 5550(a)(4)).
Has until June 5, 2023 to submit a plan to regain compliance; Nasdaq may accept or reject plan with appeal option.
No immediate effect on listing; securities continue trading on Nasdaq Capital Market.
Company intends to submit a plan and evaluate options but cannot assure compliance with listing standards.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Malacca Straits Acquisition Co Ltd received a nasdaq deficiency notice notice regarding other (rules 5550(a)(4)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5550(a)(4)

Exact text from the filing

April 21, 2023, Malacca Straits Acquisition Company Limited, a Cayman Islands exempted company (the “Company”), received a letter (the “Public Float Notice”) from the listing qualifications department staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it no longer meets the minimum 500,000 publicly held shares required for continued listing on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(4) (the “Public Float Standard”). The Public Float Notice stated that the Company has until June 5, 2023 to provide Nasdaq with a specific plan to achieve and sustain c

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001213900-23-032831

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.