{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-017104","form_type":"8-K","ticker":null,"cik":"0001863460","company_name":"PHP Ventures Acquisition Corp.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.960814+00:00","generated_at":"2026-06-03T04:43:34.431192+00:00","sec_items":["3.01","8.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"PHP Ventures delisted by Nasdaq; trading suspended April 19, may appeal by May 2","bullets":["Nasdaq notified PHP on April 17, 2024 of delisting due to failure to meet Hearing Panel terms.","Trading suspended at open on April 19, 2024; company has until May 2, 2024 to appeal.","PHP still aims to close Business Combination with Modulex and then reapply for Nasdaq listing.","Plans to coordinate with a market maker to trade over the counter (OTC) in the interim.","PHP had unmet listing rules for annual meeting, 300 public holders, and MVLS below $35M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-017104","json":"https://secwatch.observer/filing/0001493152-24-017104.json","markdown":"https://secwatch.observer/filing/0001493152-24-017104.md","text":"https://secwatch.observer/filing/0001493152-24-017104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1863460/000149315224017104/0001493152-24-017104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1863460/000149315224017104/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:43:34.431192+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"924541f134d9b1afa506696e1f01b64a2a21954e","claim":"PHP Ventures Acquisition Corp. received a nasdaq hearing update notice regarding market value (rules 5550(b)(2)).","evidence_excerpt":"notice from Nasdaq (the “ MVLS Notice ”) stating that the Company’s market value of listed securities (“ MVLS ”) for the last 30 consecutive business days (from March 6, 2023 to April 14, 2023), was below the required minimum of $35 million for continued listing on Nasdaq under Nasdaq Listing Rule 5550(b)(2) (the “ MVLS Requirement ”). On October 9, 2023, the Company submitted its plan to regain compliance with Nasdaq by completing its initial business combination pursuant to the Business Combination Agreement dated as of December 8, 2022 (the “ Business Combination Agreement ”) by and among","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1863460/000149315224017104/0001493152-24-017104-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"hearing update"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5550(b)(2)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}