secwatch.observer — SEC 8-K summary
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Issuer:     Canna-Global Acquisition Corp (—)
CIK:        0001867443
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001493152-23-002909
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Canna-Global faces Nasdaq delisting for failing $50M market value of listed securities
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- Received MVLS notice on Jan 24, 2023, for failing to maintain $50M market value of listed securities over 30 consecutive business days.
- Received MVPHS notice on same date for failing to maintain $15M market value of publicly held shares.
- Company has 180 calendar days, until July 24, 2023, to regain compliance by closing at $50M or more for 10 consecutive days.
- If not compliant by deadline, may be eligible to transfer to Nasdaq Capital Market with additional 180-day period.
- No immediate effect on listing; company will monitor and consider options, but there is no assurance of compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1867443/000149315223002909/0001493152-23-002909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1867443/000149315223002909/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-002909

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