---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-076730"
form_type: "8-K"
ticker: null
cik: "0001835814"
company_name: "Northern Star Investment Corp. IV"
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T17:49:31.009176+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NYSE commences delisting proceedings for Northern Star Investment Corp. IV due to market cap shortfall

## Summary
- Received NYSE notice on Sept 12, 2023 for failing to maintain $40M average public market cap over 30 days.
- Trading suspended on NYSE effective Sept 12; shares to trade OTC under "NSTD" and "NSTD.U" starting Sept 13.
- Company has until Sept 26, 2023 to request a review of the Staff's determination.
- Delisting applies to Class A common stock, units, and warrants (NSTD, NSTD.U, NSTD WS).

## SEC filing metadata
- accession: 0001213900-23-076730
- form_type: 8-K
- cik: 0001835814
- company_name: Northern Star Investment Corp. IV
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835814/000121390023076730/0001213900-23-076730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835814/000121390023076730/ea185118-8k_northern4.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-076730
- JSON: https://secwatch.observer/filing/0001213900-23-076730.json
- Plain text: https://secwatch.observer/filing/0001213900-23-076730.txt

## Key facts
- Listing & Compliance Notices
  Northern Star Investment Corp. IV received a nyse delisting notice notice regarding market value (rules 802.01B).
  - Exchange: nyse
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 802.01B
  source text: ss A Common Stock and one-sixth of one redeemable warrant (the “ Units ”), each warrant exercisable for one share of Class A Common Stock of the Company (the “ Warrants ”), from the NYSE. The Notice indicated that the Staff reached its decision to delist the Company’s securities pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Staff determined that the Company had fallen below the NYSE’s continued listing standard requiring a listed acquisition company to maintain an average aggregate global market capitalization attributable to its publicly-held shares over a consec
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835814/000121390023076730/0001213900-23-076730-index.htm

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