secwatch.observer — SEC 8-K summary
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Issuer:     Finnovate Acquisition Corp. (—)
CIK:        0001857855
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001493152-24-003962
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Finnovat Acquisition Corp. receives Nasdaq deficiency notice for missing annual meeting requirement
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- Nasdaq notified Finnovate on Jan 22, 2024 it failed to hold annual meeting within 12 months of FYE Dec 31, 2022.
- Company has 45 calendar days (until March 7, 2024) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant exception until June 28, 2024; if rejected, appeal possible.
- Failure to regain compliance could result in delisting from Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857855/000149315224003962/0001493152-24-003962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857855/000149315224003962/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-003962

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