secwatch.observer — SEC 8-K summary
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Issuer:     Thunder Bridge Capital Partners III Inc. (—)
CIK:        0001815753
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001213900-23-051040
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thunder Bridge Capital III receives Nasdaq MVLS deficiency notice; $35M minimum not met for 30 days
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- On June 15, 2023, Nasdaq notified Thunder Bridge that MVLS was below $35M for 30 consecutive business days.
- Company has 180 calendar days (until Dec 21, 2023) to regain compliance with Nasdaq Listing Rule 5550(b)(2).
- Compliance can be regained if MVLS closes at $35M or more for at least 10 consecutive business days.
- No immediate effect on listing; Company intends to monitor and consider available options.
- Deficiency letter received by SPAC Thunder Bridge Capital Partners III, Inc. (units, common stock, warrants listed on Nasdaq).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1815753/000121390023051040/0001213900-23-051040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1815753/000121390023051040/ea180764-8k_thunder3.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-051040

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