---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-074987"
form_type: "8-K"
ticker: null
cik: "0001849058"
company_name: "Clover Leaf Capital Corp."
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T23:01:53.334712+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clover Leaf Capital receives Nasdaq deficiency notice for failing minimum public holders requirement

## Summary
- Nasdaq notified Clover Leaf on Aug 31, 2023 that it no longer meets the minimum 300 public holders for The Nasdaq Capital Market.
- No immediate delisting; company has 45 days, until Oct 16, 2023, to submit a plan to regain compliance.
- Failure to regain compliance could impact the SPAC's ability to complete a business combination and maintain its listing.
- Tickers affected: CLOE (common), CLOEU (units), CLOER (rights).

## SEC filing metadata
- accession: 0001213900-23-074987
- form_type: 8-K
- cik: 0001849058
- company_name: Clover Leaf Capital Corp.
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849058/000121390023074987/0001213900-23-074987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849058/000121390023074987/ea184807-8k_cloverleaf.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-074987
- JSON: https://secwatch.observer/filing/0001213900-23-074987.json
- Plain text: https://secwatch.observer/filing/0001213900-23-074987.txt

## Key facts
- Listing & Compliance Notices
  Clover Leaf Capital Corp. received a nasdaq deficiency notice notice regarding other (rules 5550(a)(3)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5550(a)(3)
  source text: August 31, 2023, Clover Leaf Capital Corp. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that the Company no longer meets the minimum 300 public holders requirement for The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(3) (the “Minimum Public Holders Requirement”). The notification received has no immediate effect on the Company’s Nasdaq listing. In accordance with Nasdaq rules, the Company has 45 calendar days, or until October 16, 2023 to submit a plan to regain
  evidence_url: https://www.sec.gov/Archives/edgar/data/1849058/000121390023074987/0001213900-23-074987-index.htm

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