secwatch.observer — SEC 8-K summary
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Issuer:     Genesis Growth Tech Acquisition Corp. (—)
CIK:        0001865697
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0001213900-23-057150
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq to delist Genesis Growth Tech Acquisition Corp. on July 25 due to non-compliance
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- Nasdaq determined to delist GGAA securities (units, ordinary shares, warrants) effective July 25, 2023.
- Non-compliance with Listing Rule 5452: avg market value of listed securities below $50M and publicly held shares below $40M.
- Publicly held shares calculated at 101,039 vs required minimum of 600,000, an additional delisting basis.
- Also failed to timely file Form 10-Q for period ended March 31, 2023, a separate delisting basis.
- Company may appeal by July 21, 2023; trading has been halted since July 13, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865697/000121390023057150/0001213900-23-057150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865697/000121390023057150/ea181848-8k_genesis.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-057150

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