secwatch.observer — SEC 8-K summary
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Issuer:     Genesis Growth Tech Acquisition Corp. (—)
CIK:        0001865697
Form:       8-K
Filed at:   2023-06-30T23:59:59+00:00
Accession:  0001213900-23-053499
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Genesis Growth Tech receives Nasdaq delisting notice for insufficient publicly held shares
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- Nasdaq notified GGAA on June 28 that publicly held shares (101,039) are below required 1.1M minimum.
- Company must submit compliance plan by August 14, 2023; Nasdaq may grant extension to Dec 25, 2023.
- Non-compliance with Nasdaq Listing Rule 5450(b)(1)(B); units, shares, and warrants continue trading for now.
- If plan rejected, company can appeal to a Hearing Panel under Nasdaq Listing Rule 5815(a).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865697/000121390023053499/0001213900-23-053499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865697/000121390023053499/ea181136-8k_genesis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-053499

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