secwatch.observer — SEC 8-K summary
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Issuer:     SHUAA Partners Acquisition Corp I (—)
CIK:        0001886268
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001564590-23-007376
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SHUAA Partners receives Nasdaq deficiency notice for insufficient shareholders; transfer to Capital Market approved
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- Received Nasdaq notice on May 17, 2023 for failing to meet minimum 400 total shareholders under Listing Rule 5450(a)(2).
- Company has 45 days, until July 3, 2023, to submit a plan to regain compliance; no assurance Nasdaq will accept.
- Transfer from Nasdaq Global Market to Nasdaq Capital Market approved, effective May 24, 2023; tickers unchanged (SHUA, SHUAU, SHUAW).
- If compliance not regained, securities may be delisted; Company may appeal any rejection to a hearings panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1886268/000156459023007376/0001564590-23-007376-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1886268/000156459023007376/shuaa-8k_20230517.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-007376

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