---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-090608"
form_type: "8-K"
ticker: null
cik: "0001834755"
company_name: "Social Leverage Acquisition Corp I"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T21:09:56.019972+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Social Leverage Acquisition Corp I receives Nasdaq delisting notice for MVLS non-compliance

## Summary
- Received notice on Nov 22, 2023 for failing to maintain $50M MVLS minimum for continued listing on Nasdaq Global.
- Company requested hearing to stay suspension; hearing set for March 7, 2024.
- Applied to transfer listing to Nasdaq Capital Market by Nov 29 deadline.
- Securities continue trading pending hearing outcome; no guarantee of approval.

## SEC filing metadata
- accession: 0001213900-23-090608
- form_type: 8-K
- cik: 0001834755
- company_name: Social Leverage Acquisition Corp I
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1834755/000121390023090608/0001213900-23-090608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834755/000121390023090608/ea189085-8k_sociallev1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-090608
- JSON: https://secwatch.observer/filing/0001213900-23-090608.json
- Plain text: https://secwatch.observer/filing/0001213900-23-090608.txt

## Key facts
- Listing & Compliance Notices
  Social Leverage Acquisition Corp I received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: d Warrants) (the “Securities”) because it has not regained compliance with the Market Value of Listed Securities (“MVLS”) standard. The market value of the Company’s listed Securities was below the $50,000,000 minimum MVLS requirement for continued listing on Nasdaq Global under Nasdaq Listing Rule 5450(b)(2)(A) (the “MLVS Rule”). As previously reported by the Company on its Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2023, the Staff initially notified the Company on April 3, 2023 that the minimum MVLS for the Company’s Securities were b
  evidence_url: https://www.sec.gov/Archives/edgar/data/1834755/000121390023090608/0001213900-23-090608-index.htm

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