---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-018091"
form_type: "8-K"
ticker: null
cik: "0001874218"
company_name: "Revelstone Capital Acquisition Corp."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:38:44.605615+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Nasdaq to suspend Revelstone Capital Acquisition Corp. trading on March 4, 2024 for MVPH deficiency

## Summary
- Nasdaq notice on Feb 22, 2024: market value of publicly held shares below $40M threshold for >30 consecutive trading days.
- Trading of RCACU, RCAC, and RCACW suspended on March 4, 2024; Form 25-NSE to be filed with SEC.
- Company may request hearing by Feb 29, 2024, but request will not stay suspension.
- Delisting follows failure to meet Nasdaq Listing Rule 5452 minimum market value of publicly held shares.

## SEC filing metadata
- accession: 0001213900-24-018091
- form_type: 8-K
- cik: 0001874218
- company_name: Revelstone Capital Acquisition Corp.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874218/000121390024018091/0001213900-24-018091-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874218/000121390024018091/ea0200893-8k_revelstone.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-018091
- JSON: https://secwatch.observer/filing/0001213900-24-018091.json
- Plain text: https://secwatch.observer/filing/0001213900-24-018091.txt

## Key facts
- Listing & Compliance Notices
  Revelstone Capital Acquisition Corp. received a nasdaq delisting notice notice regarding market value (rules 5452, 5815(a)(1)(B)(ii)(c)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 5452, 5815(a)(1)(B)(ii)(c)
  source text: February 22, 2024, Revelstone Capital Acquisition Corp. (“ RCAC ” or the “ Company ”) received a notice (the “ Notice ”) from the Nasdaq Stock Market LLC (“ Nasdaq ”), indicating that it failed to maintain a minimum average market value of publicly held shares of $40,000,000 for over 30 consecutive trading days, as required by Listing Rule 5452 (the “ Rule ”). Accordingly, and pursuant to Listing Rule 5815(a)(1)(B)(ii)(c)2 trading of the Company’s listed securities will be suspended from The Nasdaq Global Market on March 4, 2024 (the “ Suspension ”), and a Form 25-NSE will be filed with the Se
  evidence_url: https://www.sec.gov/Archives/edgar/data/1874218/000121390024018091/0001213900-24-018091-index.htm

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