secwatch.observer — SEC 8-K summary
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Issuer:     Broad Capital Acquisition Corp (—)
CIK:        0001865120
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001493152-25-001684
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Broad Capital Acquisition Corp receives Nasdaq delisting notice for insufficient publicly held shares
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- Nasdaq letter on Jan 6, 2025: Company failed to maintain minimum 1,100,000 publicly held shares under Rule 5450(b)(2)(B).
- Compliance plan due by Feb 20, 2025; if accepted, Nasdaq may grant up to 180-day extension to regain compliance.
- Company intends to submit plan; may appeal to Hearings Panel if plan rejected, but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865120/000149315225001684/0001493152-25-001684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865120/000149315225001684/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001684

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