{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-016505","form_type":"8-K","ticker":null,"cik":"0001881462","company_name":"Spree Acquisition Corp. 1 Ltd","filed_at":"2024-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.220901+00:00","generated_at":"2026-06-05T17:37:55.214823+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Spree Acquisition Corp. 1 receives NYSE delisting notice for failing $40M public float minimum","bullets":["NYSE notified Spree on Feb 22, 2024 that its 30-day average public float market cap fell below $40M, violating Section 802.01B.","NYSE has suspended trading in SHAP, SHAPU, and SHAPW pending delisting proceedings or a successful appeal.","Company has 10 business days to request a review by an NYSE committee; if not requested or appeal denied, SEC delisting will follow.","Spree is evaluating alternatives but warns delisting could impair liquidity and its ability to complete a business combination."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-016505","json":"https://secwatch.observer/filing/0001213900-24-016505.json","markdown":"https://secwatch.observer/filing/0001213900-24-016505.md","text":"https://secwatch.observer/filing/0001213900-24-016505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881462/000121390024016505/0001213900-24-016505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881462/000121390024016505/ea0200597-8k_spreeacq1.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T17:37:55.214823+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8b5dbf1e73990def445e34589d0f4fe717f51196","claim":"Spree Acquisition Corp. 1 Ltd received a nyse deficiency notice notice regarding market value (rules 802.01B).","evidence_excerpt":"February 22, 2024, Spree Acquisition Corp. 1 Limited, a Cayman Islands exempted company (“ Spree ” or the “ Company ”) received notice (the “ Notice ”) from the New York Stock Exchange (the “ NYSE ”) that the Company is not in compliance with the continued listing standard set forth in Section 802.01B of the NYSE Listed Company Manual (the “ Listing Rule ”). The Listing Rule requires a listed acquisition company to maintain an average aggregate global market capitalization attributable to its publicly held shares (a “ public float ”) over a consecutive 30 trading day period of at least $40,000","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881462/000121390024016505/0001213900-24-016505-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nyse"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"802.01B"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}