secwatch.observer — SEC 8-K summary
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Issuer:     PHP Ventures Acquisition Corp. (—)
CIK:        0001863460
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001493152-24-017104
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PHP Ventures delisted by Nasdaq; trading suspended April 19, may appeal by May 2
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1863460/000149315224017104/0001493152-24-017104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1863460/000149315224017104/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-017104

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