---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-014068"
form_type: "8-K"
ticker: null
cik: "0001902794"
company_name: "MGO Global Inc."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:09:35.515759+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MGO Global receives Nasdaq delisting notice for equity shortfall; submits plan due May 20

## Summary
- Nasdaq notified MGO Global on April 5, 2024 of non-compliance with Listing Rule 5550(b)(1) requiring minimum $2.5M stockholders' equity.
- Company reported stockholders' equity of $921,747 in Dec 31, 2023 Form 10-K, far below the $2.5M threshold.
- MGO has 45 days (until May 20, 2024) to submit a compliance plan; if accepted, Nasdaq may grant up to 180-day extension.
- If plan not accepted, MGO can appeal to a Nasdaq Hearings Panel; common stock continues trading under MGOL during process.

## SEC filing metadata
- accession: 0001493152-24-014068
- form_type: 8-K
- cik: 0001902794
- company_name: MGO Global Inc.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1902794/000149315224014068/0001493152-24-014068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1902794/000149315224014068/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-014068
- JSON: https://secwatch.observer/filing/0001493152-24-014068.json
- Plain text: https://secwatch.observer/filing/0001493152-24-014068.txt

## Key facts
- Listing & Compliance Notices
  MGO Global Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: April 5, 2024, MGO Global Inc. (“MGO” or the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that the Company is no longer in compliance with the equity standard for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires listed companies to maintain stockholders’ equity of at least $2,500,000 under the equity standard. Because the Company’s Annual Report on Form 10-K for the period ended December 31, 2023 reported stockholders’ equity of $921,747, and as of April 5, 2024 the Co
  evidence_url: https://www.sec.gov/Archives/edgar/data/1902794/000149315224014068/0001493152-24-014068-index.htm

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