---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-000124"
form_type: "8-K"
ticker: null
cik: "0001843248"
company_name: "Global System Dynamics, Inc."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:26:33.381771+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# GSD terminates DarkPulse merger and faces Nasdaq delisting for missing SEC response deadline

## Summary
- Mutual termination of Business Combination Agreement with DarkPulse on Jan 23, 2024, under Section 7.1(a).
- Received Nasdaq delisting notice Jan 23, effective Jan 24, for failing to submit SEC responses by Panel's Jan 19 deadline.
- Panel had extended deadline from Jan 5 to Jan 19, but GSD notified inability to file by Jan 19.
- GSD may request Council review within 15 days; Council may also review within 45 days.

## SEC filing metadata
- accession: 0001731122-24-000124
- form_type: 8-K
- cik: 0001843248
- company_name: Global System Dynamics, Inc.
- filed_at: 2024-01-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.02, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1843248/000173112224000124/0001731122-24-000124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1843248/000173112224000124/e5369_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-000124
- JSON: https://secwatch.observer/filing/0001731122-24-000124.json
- Plain text: https://secwatch.observer/filing/0001731122-24-000124.txt

## Key facts
- Listing & Compliance Notices
  Global System Dynamics, Inc. received a nasdaq delisting notice notice regarding other.
  - Exchange: nasdaq
  - Notice: delisting notice
  source text: January 23, 2024, we received a written notice (the “Notice Letter”) from the Nasdaq Hearings Panel (“Panel”) i ndicating that the Panel had decided to delist our securities from the Nasdaq Stock Market LLC (“Nasdaq”), starting on the opening of the business day on January 24, 2024, due to our failure to comply with the terms of the Panel’s January 2, 2024 decision (the “Decision”) for Docket No. NQ 6692C-23, our legal matter regarding delisting from the Nasdaq . Pursuant to the terms of the Decision, amongst other things, we were required to submit responses to the SEC’s comment letter dated
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000173112224000124/0001731122-24-000124-index.htm
- Material Agreements
  Global System Dynamics, Inc. terminated Business Combination Agreement with Darkpulse, Inc. valued at Terminated by mutual written consent pursuant to Section 7.1(a) (effective 2024-01-23).
  - Action: termination
  - Agreement: merger
  - Counterparty: Darkpulse, Inc.
  - Value: Terminated by mutual written consent pursuant to Section 7.1(a)
  - Effective: 2024-01-23
  source text: On January 23, 2024, Global Systems Dynamics, Inc. (“we” or “our” or “us”) and Darkpulse, Inc., a Delaware corporation (“DarkPulse”), by mutual written consent, terminated the Business Combination Agreement, as amended, between us, DarkPulse, and Zilla Acquisition Corp., a Delaware corporation (the “Business Combination Agreement”), pursuant to Section 7.1(a) therein.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1843248/000173112224000124/0001731122-24-000124-index.htm

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