secwatch.observer — SEC 8-K summary
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Issuer:     Blue World Acquisition Corp (—)
CIK:        0001878074
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001213900-23-094202
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue World Acquisition receives Nasdaq MVLS deficiency notice; has 180 days to comply
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- Received Nasdaq letter on Dec 5, 2023: MVLS below $50M minimum for 30 consecutive business days.
- Compliance period ends June 3, 2024; must achieve MVLS >= $50M for 10 consecutive days.
- No immediate effect on listing; may transfer to Nasdaq Capital Market if non-compliance persists.
- Company evaluating options but cannot assure regaining compliance with MVLS Rule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878074/000121390023094202/0001213900-23-094202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878074/000121390023094202/ea189741-8k_blueworld.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-094202

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