Current Report Filing (8-k)
2023年3月30日 - 5:31AM
Edgar (US Regulatory)
0001853084
false
00-0000000
0001853084
2023-03-23
2023-03-23
0001853084
BSGAU:UnitsEachConsistingOfOneClassOrdinaryShareWithNoParValueAndOneRightToReceiveOnetenthOfOneClassOrdinaryShareMember
2023-03-23
2023-03-23
0001853084
BSGAU:ClassOrdinarySharesIncludedAsPartOfUnitsMember
2023-03-23
2023-03-23
0001853084
BSGAU:RightsIncludedAsPartOfUnitsMember
2023-03-23
2023-03-23
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
United
States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
March
23, 2023
Date of Report (Date of earliest event reported)
Blue Safari Group Acquisition Corp.
(Exact Name of Registrant as Specified in its Charter)
British Virgin Islands |
|
001-40473 |
|
N/A |
(State or other jurisdiction of
incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
The Sun’s Group Center
29 Floor
200 Gloucester Road
Wan Chai,
Hong Kong |
(Address of Principal Executive Offices and Zip
Code) |
Registrant’s telephone number, including
area code:
+852 9258 9728
N/A
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class |
Trading
Symbol(s) |
Name
of each exchange on which registered |
Units |
BSGAU |
The Nasdaq
Stock Market LLC |
Class A ordinary shares |
BSGA |
The Nasdaq
Stock Market LLC |
Rights |
BSGAR |
The Nasdaq
Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company x
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 3.01. |
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing |
On March 23, 2023, Blue Safari Group Acquisition
Corp. (the “Company”) received a letter (the “MVLS Notice”) from the Listing Qualifications Department
(the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that for the last
30 consecutive business days prior to the date of the MVLS Notice, the Company’s Minimum Market Value of Listed Securities (“MVLS”)
was less than $35.0 million, which does not meet the requirement for continued listing on The Nasdaq Capital Market, as required by Nasdaq
Listing Rule 5550(b)(2) (the “MVLS Rule”). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Staff has provided
the Company with 180 calendar days, or until September 19, 2023, to regain compliance with the MVLS Rule. The MVLS Notice has no immediate
effect on the listing of the Company’s securities on The Nasdaq Capital Market.
If the Company regains compliance with the MVLS
Rule, the Staff will provide written confirmation to the Company and close the matter. To regain compliance with the MVLS Rule, the Company’s
MVLS must meet or exceed $35.0 million for a minimum of ten consecutive business days during the 180-day compliance period ending on September
19, 2023. In the event the Company does not regain compliance with the MVLS Rule prior to the expiration of the compliance period, it
will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination
to a Hearings Panel.
The Company will continue to monitor its MVLS
and consider its available options to regain compliance with the MVLS Rule. However, there can be no assurance that the Company will be
able to regain compliance with the MVLS Rule.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 29, 2023 |
BLUE SAFARI GROUP ACQUISITION CORP. |
|
|
|
By: |
/s/ Naphat Sirimongkolkasem |
|
Name: |
Naphat Sirimongkolkasem |
|
Title: |
Chief Financial Officer |
Blue Safari Group Acquis... (NASDAQ:BSGA)
過去 株価チャート
から 5 2024 まで 6 2024
Blue Safari Group Acquis... (NASDAQ:BSGA)
過去 株価チャート
から 6 2023 まで 6 2024
Real-Time news about Blue Safari Group Acquisition Corporation (ナスダック市場): 0 recent articles
その他のBlue Safari Group Acquisition Corpニュース記事