---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-040850"
form_type: "8-K"
ticker: null
cik: "0001882963"
company_name: "AIB Acquisition Corp"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:40:32.994459+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AIB Acquisition receives Nasdaq deficiency notice for MVLS below $50M and MVPHS below $15M

## Summary
- On May 11, 2023, Nasdaq notified AIB that its Market Value of Listed Securities was below $50M for 30 consecutive business days.
- Separate notification that Market Value of Publicly Held Shares was below $15M for the same period.
- Company has 180 calendar days to regain compliance; listing unaffected for now.
- If MVLS closes at $50M+ and MVPHS at $15M+ for 10 consecutive days, Nasdaq will confirm compliance.

## SEC filing metadata
- accession: 0001213900-23-040850
- form_type: 8-K
- cik: 0001882963
- company_name: AIB Acquisition Corp
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1882963/000121390023040850/0001213900-23-040850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1882963/000121390023040850/ea178771-8k_aibacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-040850
- JSON: https://secwatch.observer/filing/0001213900-23-040850.json
- Plain text: https://secwatch.observer/filing/0001213900-23-040850.txt

## Key facts
- Listing & Compliance Notices
  AIB Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: May 11, 2023, the Company received a deficiency letter from the Staff of Nasdaq notifying the Company that, for the preceding 30 consecutive business days, the Company’s Market Value of Publicly Held Shares (“MVPHS”) was below the $15 million minimum requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(3)(C) (the “MVPHS Requirement”). The notifications received have no immediate effect on the Company’s Nasdaq listing. The Nasdaq rules provide the Company a compliance period of 180 calendar days in which to regain compliance. If at anytime duri
  evidence_url: https://www.sec.gov/Archives/edgar/data/1882963/000121390023040850/0001213900-23-040850-index.htm
- Listing & Compliance Notices
  AIB Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(3)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(3)(C)
  source text: May 11, 2023, the Company received a deficiency letter from the Staff of Nasdaq notifying the Company that, for the preceding 30 consecutive business days, the Company’s Market Value of Publicly Held Shares (“MVPHS”) was below the $15 million minimum requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(b)(3)(C) (the “MVPHS Requirement”). The notifications received have no immediate effect on the Company’s Nasdaq listing. The Nasdaq rules provide the Company a compliance period of 180 calendar days in which to regain compliance. If at anytime duri
  evidence_url: https://www.sec.gov/Archives/edgar/data/1882963/000121390023040850/0001213900-23-040850-index.htm

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