---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-090609"
form_type: "8-K"
ticker: null
cik: "0001882963"
company_name: "AIB Acquisition Corp"
filed_at: "2023-11-28T23:59:59+00:00"
generated_at: "2026-06-07T21:12:41.221727+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AIB Acquisition receives Nasdaq delisting notice; suspension possible Dec 1 if no hearing

## Summary
- Notice on Nov 22, 2023 cites failure to regain compliance with $50M market value of listed securities and $15M public float.
- Also previously failed to maintain 400 public holders; this serves as additional delisting basis.
- Unless a hearing is requested by Dec 1, securities will be suspended and delisted from Nasdaq Global Market.
- Company considering appeal or applying to transfer to Nasdaq Capital Market; no assurance of outcome.

## SEC filing metadata
- accession: 0001213900-23-090609
- form_type: 8-K
- cik: 0001882963
- company_name: AIB Acquisition Corp
- filed_at: 2023-11-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1882963/000121390023090609/0001213900-23-090609-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1882963/000121390023090609/ea189122-8k_aibacquis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-090609
- JSON: https://secwatch.observer/filing/0001213900-23-090609.json
- Plain text: https://secwatch.observer/filing/0001213900-23-090609.txt

## Key facts
- Listing & Compliance Notices
  AIB Acquisition Corp received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A), 5450(b)(2)(C), 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A), 5450(b)(2)(C), 5450(a)(2)
  source text: November 22, 2023, AIB Acquisition Corporation, a special purpose acquisition company incorporated as a Cayman Islands exempted company (the “Company”) received a notice (the “Notice”) from the staff (the “Staff”) of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that since it was first notified by Nasdaq on May 11, 2023, the Company had not regained compliance with Listing Rule 5450(b)(2)(A) which requires a company listed on the Nasdaq Global Market to have a minimum $50 million market value of its listed securities for 30 consecutive trading days
  evidence_url: https://www.sec.gov/Archives/edgar/data/1882963/000121390023090609/0001213900-23-090609-index.htm

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