---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-041975"
form_type: "8-K"
ticker: null
cik: "0001914023"
company_name: "Acri Capital Acquisition Corp"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T18:36:55.351555+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Acri Capital receives Nasdaq deficiency notice for MVLS below $50M minimum

## Summary
- MVLS below $50M minimum for 30 consecutive business days; letter received May 19, 2023.
- Company has 180 calendar days, until November 15, 2023, to regain compliance.
- Applied to transfer listing from Nasdaq Global Market to Nasdaq Capital Market.
- No immediate delisting; Nasdaq rules allow appeal if compliance not met by deadline.

## SEC filing metadata
- accession: 0001213900-23-041975
- form_type: 8-K
- cik: 0001914023
- company_name: Acri Capital Acquisition Corp
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1914023/000121390023041975/0001213900-23-041975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1914023/000121390023041975/ea179075-f8k_acricap.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-041975
- JSON: https://secwatch.observer/filing/0001213900-23-041975.json
- Plain text: https://secwatch.observer/filing/0001213900-23-041975.txt

## Key facts
- Listing & Compliance Notices
  Acri Capital 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 19, 2023, Acri Capital Acquisition Corporation (the “ Company ”) received a letter (the “ Letter ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) that, for the previous 30 consecutive business days, the Market Value of Listed Securities (“MVLS”) for the Company was below the $50 million minimum MVLS requirement for continued listing on the Nasdaq Global Market (the “Global Market”) under Nasdaq Listing Rule 5450(b)(2)(A) (the “ MVLS Rule ”). The Letter is only a notification of deficiency, not of imminent delisting, and has no current effect on the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1914023/000121390023041975/0001213900-23-041975-index.htm

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