secwatch.observer — SEC 8-K summary
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Issuer:     Acri Capital Acquisition Corp (—)
CIK:        0001914023
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001213900-23-041975
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1914023/000121390023041975/0001213900-23-041975-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1914023/000121390023041975/ea179075-f8k_acricap.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-041975

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