---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-068197"
form_type: "8-K"
ticker: null
cik: "0001631282"
company_name: "DATASEA INC."
filed_at: "2023-08-16T23:59:59+00:00"
generated_at: "2026-06-11T08:27:44.502198+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Datasea gets Nasdaq extension to Oct 2, 2023 for minimum value listing rule compliance

## Summary
- Nasdaq granted extension to October 2, 2023 to regain compliance with MVLS Requirement (Listing Rule 5550(b)(2)).
- Company appeared before hearing panel on August 3, 2023 seeking additional time.
- Company will monitor market value and may consider available options to regain compliance.
- Previously disclosed non-compliance on June 13, 2023.

## SEC filing metadata
- accession: 0001213900-23-068197
- form_type: 8-K
- cik: 0001631282
- company_name: DATASEA INC.
- filed_at: 2023-08-16T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1631282/000121390023068197/0001213900-23-068197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1631282/000121390023068197/ea183520-8k_dataseainc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-068197
- JSON: https://secwatch.observer/filing/0001213900-23-068197.json
- Plain text: https://secwatch.observer/filing/0001213900-23-068197.txt

## Key facts
- Listing & Compliance Notices
  DATASEA INC. received a nasdaq extension granted notice regarding market value (rules 5550(b)(2)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: market value
  - Rules: 5550(b)(2)
  source text: f Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed on a Current Report on Form 8-K filed on June 13, 2023, the Company received a letter from Nasdaq indicating that the Company had not regained compliance with the Nasdaq Listing Rule 5550(b)(2) (the “MVLS Requirement”). On August 3, 2023, the Company appeared before a Nasdaq hearing panel and requested for additional time to regain compliance with the MVLS Requirement. On August 11, 2023, Nasdaq issued a letter to the Company, granting an extension to regain compliance with the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1631282/000121390023068197/0001213900-23-068197-index.htm

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