secwatch.observer — SEC 8-K summary
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Issuer:     Blue World Acquisition Corp (—)
CIK:        0001878074
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001213900-24-044723
Event type: regulatory
Sentiment:  negative
Materiality: 0.50
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue World Acquisition receives Nasdaq deficiency notice for minimum shareholder rule
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1878074/000121390024044723/0001213900-24-044723-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1878074/000121390024044723/ea0206425-8k_blueworld.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-044723

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