---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-003237"
form_type: "8-K"
ticker: null
cik: "0001865045"
company_name: "FAT PROJECTS ACQUISITION CORP"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:08:14.178836+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fat Projects Acquisition Corp receives Nasdaq deficiency notice for total holders below 400

## Summary
- Notice received May 5, 2023: total holders <400, violating Nasdaq Global Market Listing Rule 5450(a)(2).
- Company must submit compliance plan by June 20, 2023; Nasdaq may grant up to 180-day extension.
- Also disclosed prior deficiency: publicly held shares <1.1 million (Rule 5450(b)(2)(B)).
- Exploring all options to regain compliance; securities continue trading pending plan submission.

## SEC filing metadata
- accession: 0001829126-23-003237
- form_type: 8-K
- cik: 0001865045
- company_name: FAT PROJECTS ACQUISITION CORP
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865045/000182912623003237/0001829126-23-003237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865045/000182912623003237/fatprojects_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-003237
- JSON: https://secwatch.observer/filing/0001829126-23-003237.json
- Plain text: https://secwatch.observer/filing/0001829126-23-003237.txt

## Key facts
- Listing & Compliance Notices
  FAT PROJECTS ACQUISITION CORP received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(B)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(B)
  source text: ers and holders of record) of the Company’s common stock was less than 400 based on a shareholder analysis provided by the Company at Nasdaq’s request to Nasdaq on May 4, 3023, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set forth in Listing Rule 5450(a)(2) that requires the Company to maintain 400 Total Holders of its common stock. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Notice states that the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865045/000182912623003237/0001829126-23-003237-index.htm
- Listing & Compliance Notices
  FAT PROJECTS ACQUISITION CORP received a nasdaq deficiency notice notice regarding shareholders (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: shareholders
  - Rules: 5450(a)(2)
  source text: ers and holders of record) of the Company’s common stock was less than 400 based on a shareholder analysis provided by the Company at Nasdaq’s request to Nasdaq on May 4, 3023, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set forth in Listing Rule 5450(a)(2) that requires the Company to maintain 400 Total Holders of its common stock. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. The Notice states that the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865045/000182912623003237/0001829126-23-003237-index.htm

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