{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-23-001380","form_type":"8-K","ticker":null,"cik":"0001849902","company_name":"SEP Acquisition Corp.","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.041205+00:00","generated_at":"2026-06-09T14:35:03.974165+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SEP Acquisition Corp. regains compliance with Nasdaq MVLS rule, avoids delisting","bullets":["Received Nasdaq letter on Oct 23, 2023 confirming compliance with $35M minimum Market Value of Listed Securities requirement.","Hearing to appeal prior delisting determination cancelled; Class A common stock to continue listing on Nasdaq Capital Market under SEPA.","Mercury Sponsor Group converted 2,415,375 Class B shares into Class A to achieve compliance.","As of Oct 23, 2023, outstanding shares: 3,719,634 Class A common and 2,095,000 Class B common."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-23-001380","json":"https://secwatch.observer/filing/0001753926-23-001380.json","markdown":"https://secwatch.observer/filing/0001753926-23-001380.md","text":"https://secwatch.observer/filing/0001753926-23-001380.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1849902/000175392623001380/0001753926-23-001380-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1849902/000175392623001380/g083816_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T14:35:03.974165+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"791d8de3e57cb4b80e2872a58df0b9d635300d3e","claim":"SEP Acquisition Corp. received a nasdaq compliance regained notice regarding market value (rules 5550(b)(2)).","evidence_excerpt":"(the “Company”) received a letter from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with Nasdaq’s $35 million minimum Market Value of Listed Securities (“MVLS”) requirement , and the Company is therefore in compliance with The Nasdaq Capital Market’s listing requirements. As a result,","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1849902/000175392623001380/0001753926-23-001380-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"compliance regained"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5550(b)(2)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}