---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-23-001208"
form_type: "8-K"
ticker: null
cik: "0001865191"
company_name: "TG Venture Acquisition Corp."
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T17:19:30.045179+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# TG Venture Acquisition receives Nasdaq MVPHS non-compliance notice; has until Dec 19, 2023 to regain compliance

## Summary
- Received Nasdaq letter on June 22, 2023 for failure to maintain minimum market value of publicly held shares (MVPHS) of $15M.
- Compliance period of 180 days, until December 19, 2023, to regain compliance.
- To cure, MVPHS must be $15M or more for 10 consecutive business days.
- Company may evaluate options including transfer to Nasdaq Capital Market.
- No immediate effect on listing; compliance not assured.

## SEC filing metadata
- accession: 0001731122-23-001208
- form_type: 8-K
- cik: 0001865191
- company_name: TG Venture Acquisition Corp.
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865191/000173112223001208/0001731122-23-001208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865191/000173112223001208/e4829_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-23-001208
- JSON: https://secwatch.observer/filing/0001731122-23-001208.json
- Plain text: https://secwatch.observer/filing/0001731122-23-001208.txt

## Key facts
- Listing & Compliance Notices
  TG Venture Acquisition Corp. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(3)(C), 5810(c)(3)(D)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(3)(C), 5810(c)(3)(D)
  source text: June 22, 2023, TG Venture Acquisition Corp. (the “ Company ”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that, based upon the closing bid price of the Company’s Class A common stock for the last 30 consecutive business days and its number of publicly held shares, the Company no longer meets Nasdaq Listing Rule 5450(b)(3)(C), which requires listed companies to maintain a minimum market value of publicly held shares (“ MVPHS ”) of at least $15 million. Nasdaq Listing Rule 5810(c)(3)(D) provides a compliance period of 180 ca
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112223001208/0001731122-23-001208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.