---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026237"
form_type: "8-K"
ticker: null
cik: "0001867443"
company_name: "Canna-Global Acquisition Corp"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:14:25.454460+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Canna-Global faces potential Nasdaq delisting; intends to request hearing and transfer to Capital Market

## Summary
- Common stock MVLS fell below $50M minimum; 180-day compliance period ended July 24, 2023.
- Filed transfer application on July 31 to move from Nasdaq Global to Capital Market (less stringent requirements).
- Must request hearing by August 2, 2023 to stay delisting; intends to do so.
- Stock will continue trading until the hearing panel issues a written decision; no assurance of success.

## SEC filing metadata
- accession: 0001493152-23-026237
- form_type: 8-K
- cik: 0001867443
- company_name: Canna-Global Acquisition Corp
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1867443/000149315223026237/0001493152-23-026237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1867443/000149315223026237/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026237
- JSON: https://secwatch.observer/filing/0001493152-23-026237.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026237.txt

## Key facts
- Listing & Compliance Notices
  Canna-Global Acquisition Corp received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: not regained compliance with the Market Value of Listed Securities (“MVLS”) Standard, since the Company’s common stock, par value $0.000001 per share (the “Common Stock”), was below the $50 million minimum MVLS requirement for continued listing on The Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A) (the “MLVS Rule”) and had not been at least $50 million for the proceeding 30 consecutive trading. As previously disclosed on Form 8-K filed on January 30, 2023, the Staff initially notified the Company on January 24, 2023 that the minimum MVLS for the Company’s Common Stock was below
  evidence_url: https://www.sec.gov/Archives/edgar/data/1867443/000149315223026237/0001493152-23-026237-index.htm

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