Global System Dynamics, Inc.: Nasdaq/NYSE listing notice — Global System Dynamics receives Nasdaq deficiency notice for late Q1 10-Q

Global System Dynamics, Inc.

Company failed to file Form 10-Q for quarter ended March 31, 2023, violating Nasdaq Rule 5250(c)(1).
Has 60 calendar days (until July 31, 2023) to submit a plan to regain compliance.
If plan accepted, Nasdaq may grant up to 180 days from original due date to file.
Company also cured prior deficiency by filing FY2022 10-K; notice from April 2023 resolved.
Deficiency letter has no immediate effect on listing of GSD units, common, or warrants.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Global System Dynamics, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1), 5810(c)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1), 5810(c)(2)

Exact text from the filing

May 30, 2023, Global System Dynamics, Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that the Company no longer complies with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s delay in filing its Form 10-Q for the quarter ended March 31, 2023. The letter was issued by Nasdaq under Nasdaq Listing Rule 5810(c)(2) for the Company’s failure to comply with Nasdaq Listing Rule 5250(c)(1). The Company has 60 calendar days, or until July 31, 2023, to submit to Nasdaq a plan

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Source: SEC EDGAR

accession 0001663577-23-000287

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