secwatch.observer — SEC 8-K summary
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Issuer:     OCA Acquisition Corp. (—)
CIK:        0001820175
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001213900-24-004908
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

OCA Acquisition Corp. receives Nasdaq delisting notice for failure to complete business combination within 36 months
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- Nasdaq notified OCA on Jan 16, 2024 of non-compliance with IM-5101-2 requiring a SPAC to complete a business combination within 36 months of IPO effectiveness.
- Trading of OCA securities on Nasdaq Capital Market would be suspended at open on Jan 25, 2024 unless a hearing was requested; OCA timely requested a hearing.
- OCA is pursuing a previously disclosed business combination with Powermers Smart Industries, Inc. (PSI) and will file a Form S-4 registration statement with the SEC.
- The hearing request stays suspension or delisting pending the hearing, but there is no assurance OCA can regain compliance or meet other Nasdaq requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820175/000121390024004908/0001213900-24-004908-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820175/000121390024004908/ea191790-8k425_ocaacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-004908

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