---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-008051"
form_type: "8-K"
ticker: null
cik: "0001901886"
company_name: "Aura Fat Projects Acquisition Corp"
filed_at: "2023-12-15T23:59:59+00:00"
generated_at: "2026-06-07T12:12:58.705176+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nasdaq warns Aura FAT Projects of delisting for low market value; SPAC extends combination deadline

## Summary
- Nasdaq notified AFARU on Dec 11 that its MVLS fell below $50M, triggering a 180-day compliance period.
- Company deposited $50,000 into trust to extend business combination deadline from Dec 18, 2023 to Jan 18, 2024.
- The delisting notice does not currently affect trading; company intends to regain compliance.
- SPAC must consummate an initial business combination by Jan 18, 2024, unless further extended.

## SEC filing metadata
- accession: 0001829126-23-008051
- form_type: 8-K
- cik: 0001901886
- company_name: Aura Fat Projects Acquisition Corp
- filed_at: 2023-12-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901886/000182912623008051/0001829126-23-008051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901886/000182912623008051/aurafatprojects_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-008051
- JSON: https://secwatch.observer/filing/0001829126-23-008051.json
- Plain text: https://secwatch.observer/filing/0001829126-23-008051.txt

## Key facts
- Listing & Compliance Notices
  Aura Fat Projects Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: December 11, 2023, Aura FAT Projects Acquisition Corp, a Cayman Islands exempted company limited by shares, with company registration number 384483 (the “ Company ”), received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“ Nasdaq ”) indicating that since the Company’s Market Value of Listed Securities was less than $50 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set forth in Listing Rule 5450(b)(2)(A), which requires the Company to maintain a Market Value of Listed Securities of at least $5
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901886/000182912623008051/0001829126-23-008051-index.htm

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