---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-044723"
form_type: "8-K"
ticker: null
cik: "0001878074"
company_name: "Blue World Acquisition Corp"
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T17:04:32.828990+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Blue World Acquisition receives Nasdaq deficiency notice for minimum shareholder rule

## Summary
- Letter received May 15, 2024; company not in compliance with Nasdaq Minimum Total Holders Rule (at least 400 shareholders).
- Company has 45 calendar days (until June 29, 2024) to submit a plan to regain compliance.
- If Nasdaq accepts plan, extension up to 180 calendar days may be granted; otherwise, appeal to Hearings Panel.
- Deficiency notice has no immediate effect on listing or trading of BWAQ securities on Nasdaq Global Market.

## SEC filing metadata
- accession: 0001213900-24-044723
- form_type: 8-K
- cik: 0001878074
- company_name: Blue World Acquisition Corp
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1878074/000121390024044723/0001213900-24-044723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1878074/000121390024044723/ea0206425-8k_blueworld.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-044723
- JSON: https://secwatch.observer/filing/0001213900-24-044723.json
- Plain text: https://secwatch.observer/filing/0001213900-24-044723.txt

## Key facts
- Listing & Compliance Notices
  Blue World Acquisition Corp received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5450(a)(2)
  source text: May 15, 2024, Blue World Acquisition Corporation (the “ Company ”) received a letter (the “ Letter ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that the Company was not in compliance with Listing Rule 5450(a)(2), which requires the Company to have at least 400 shareholders for continued listing on the Nasdaq Global Market (the “ Minimum Total Holders Rule ”). The Letter is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq G
  evidence_url: https://www.sec.gov/Archives/edgar/data/1878074/000121390024044723/0001213900-24-044723-index.htm

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