Blue World Acquisition Corp: Nasdaq/NYSE listing notice — Blue World regains compliance with Nasdaq MVLS minimum requirement

Blue World Acquisition Corp

Received Nasdaq letter on Feb 20, 2024 confirming MVLS has been $50M+ for 22 consecutive business days.
Company previously disclosed a Dec 5, 2023 notice for falling below the $50M minimum MVLS.
Staff has closed the matter; delisting risk from this rule is resolved.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Blue World Acquisition Corp received a nasdaq compliance regained notice regarding market value (rules 5450(b)(2)(A)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: market value
Rules: 5450(b)(2)(A)

Exact text from the filing

February 20, 2024, the Company received a written notice from the staff of Nasdaq (the “ Staff ”) notifying the Company that the Staff has determined that for the last 22 consecutive business days, from January 18, 2024 to February 16, 2024, the Company’s MVLS has been $50 million or greater. Accordingly, the Company has regained compliance with the MVLS Rule and the Staff has indicated that the matter is now closed. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto d

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Source: SEC EDGAR

accession 0001213900-24-015739

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