---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-23-002291"
form_type: "8-K"
ticker: null
cik: "0001865191"
company_name: "TG Venture Acquisition Corp."
filed_at: "2023-12-28T23:59:59+00:00"
generated_at: "2026-06-07T06:32:30.506340+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TG Venture Acquisition Corp. receives Nasdaq delisting determination; intends to appeal

## Summary
- Nasdaq delisted for failure to maintain $15M minimum market value of publicly held shares (MVPHS) by Dec 19 deadline.
- Also failed to meet minimum 400 total holders requirement; delisting based on both grounds.
- Company received delist determination letter on Dec 26, 2023.
- Company intends to appeal to Nasdaq Hearings Panel; automatic stay pending hearing.
- Securities continue trading under TGVCU, TGVC, TGVCW pending appeal outcome.

## SEC filing metadata
- accession: 0001731122-23-002291
- form_type: 8-K
- cik: 0001865191
- company_name: TG Venture Acquisition Corp.
- filed_at: 2023-12-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002291/0001731122-23-002291-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002291/e5295_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-23-002291
- JSON: https://secwatch.observer/filing/0001731122-23-002291.json
- Plain text: https://secwatch.observer/filing/0001731122-23-002291.txt

## Key facts
- Listing & Compliance Notices
  TG Venture Acquisition Corp. received a nasdaq delisting notice notice regarding market value.
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  source text: December 26, 2023, the Company received a delist determination letter from Nasdaq (the “ Letter ”) advising the Company that the Staff had determined that the Company did not meet the MVPHS by the December Compliance Date. The Letter further acknowledged that the Company did not comply with the Total Holders requirement, which serves as an additional and separate basis for delisting. The Company intends to timely appeal the Staff's delisting determination by submitting a hearing request to the Nasdaq Hearings Panel (the “ Panel ”), which request will automatically stay the delisting of the Com
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002291/0001731122-23-002291-index.htm
- Listing & Compliance Notices
  TG Venture Acquisition Corp. received a nasdaq delisting notice notice regarding shareholders.
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: shareholders
  source text: December 26, 2023, the Company received a delist determination letter from Nasdaq (the “ Letter ”) advising the Company that the Staff had determined that the Company did not meet the MVPHS by the December Compliance Date. The Letter further acknowledged that the Company did not comply with the Total Holders requirement, which serves as an additional and separate basis for delisting. The Company intends to timely appeal the Staff's delisting determination by submitting a hearing request to the Nasdaq Hearings Panel (the “ Panel ”), which request will automatically stay the delisting of the Com
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865191/000173112223002291/0001731122-23-002291-index.htm

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