Yotta Acquisition Corp: Nasdaq/NYSE listing notice — Yotta Acquisition receives Nasdaq deficiency notices for MVPHS and public share count

Yotta Acquisition Corp

Nasdaq notified Yotta MVPHS below $15M minimum as of May 7, 2024.
Also failed to maintain minimum 1,100,000 publicly held shares.
Compliance deadline for MVPHS is November 4, 2024; 45 days to submit plan for share count.
Company may transfer to Nasdaq Capital Market by submitting application and $5,000 fee.
Failure to regain compliance may lead to delisting; Company retains appeal rights.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

Yotta Acquisition Corp received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(2)(C)

Exact text from the filing

May 7, 2024, Yotta Acquisition Corporation (the “Company”) received written notice (the “First Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) because the Company has not maintained a minimum Market Value of Publicly Held Securities (“MVPHS”) of at least $15 million. The First Notice has no immediate effect on the listing or trading of the Company’s listed securities (the “Listed Securities”). The Company has 180 calendar days from the date of the First Notice, o

View on SEC.gov

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

Yotta Acquisition Corp received a nasdaq deficiency notice notice regarding other (rules 5450(b)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5450(b)

Exact text from the filing

May 7, 2024, Yotta Acquisition Corporation (the “Company”) received written notice (the “First Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) because the Company has not maintained a minimum Market Value of Publicly Held Securities (“MVPHS”) of at least $15 million. The First Notice has no immediate effect on the listing or trading of the Company’s listed securities (the “Listed Securities”). The Company has 180 calendar days from the date of the First Notice, o

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001829126-24-003253

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.