Current Report Filing (8-k)
21 April 2022 - 10:58PM
Edgar (US Regulatory)
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2022-04-19 2022-04-19 0001836274
ACAH:SharesOfClassACommonStockIncludedAsPartOfTheUnitsMember
2022-04-19 2022-04-19 0001836274 us-gaap:WarrantMember 2022-04-19
2022-04-19 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934
Date of Report (Date of earliest event reported):
April 19, 2022
ATLANTIC COASTAL ACQUISITION CORP.
(Exact name of registrant as specified in its charter)
|
Delaware |
|
001-40158 |
|
85-4178663 |
|
(State or Other
Jurisdiction of
Incorporation)
|
|
(Commission File
Number) |
|
(I.R.S. Employer
Identification
No.) |
|
6
St Johns Lane,
Floor 5
New
York,
NY
|
|
10013 |
|
(Address of
principal executive offices) |
|
(Zip
Code) |
(248)
890-7200
(Registrant’s telephone number, including area code)
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 obligations of the
registrant under any of the following provisions (see General
Instruction A.2. below):
|
¨ |
Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425) |
|
¨ |
Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12) |
|
¨ |
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
¨ |
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) |
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, each
consisting of one share of Class A common stock, $0.0001 par value,
and one-third of one redeemable warrant |
|
ACAHU |
|
The Nasdaq
Stock Market LLC |
|
Shares of
Class A common stock included as part of the units |
|
ACAH |
|
The Nasdaq
Stock Market LLC |
|
Warrants
included as part of the units, each whole warrant exercisable for
one share of Class A common stock at an exercise price of
$11.50 |
|
ACAHW |
|
The Nasdaq
Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth
company as defined in as defined in Rule 405 of the Securities Act
of 1933 (§230.405 of this chapter) or Rule 12b–2 of the Securities
Exchange Act of 1934 (§240.12b–2 of this chapter).
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. |
Atlantic Coastal Acquisition Corp. (the “Company”) previously filed
a Form 12b-25 with the Securities and Exchange Commission on March
29, 2022, to extend the due date for the filing of its Form 10-K
for the period ended December 31, 2021 (the “Report”). The Form
12b-25 disclosed that the Report was unable to be filed on time
because the Company required additional time to finalize its
financial statements. Such further delay in filing the Report past
the deadline set forth in the Form 12b-25 is in connection with
further additional time required to finalize the Company’s
financial statements.
On April 19, 2022, Company received notice from the Nasdaq Stock
Market LLC (the “Nasdaq”) that the Company was not in compliance
with Nasdaq’s continued listing standards as set forth in Listing
Rule 5250(c)(1) given the Company failed to timely file the Report.
Under the Nasdaq Listing Rules, the Company has 60 calendar days
from the date of the notice to file the Report. On April 20, 2022,
the Company filed the Report and notified Nasdaq of the filing.
On April 21, 2022, in accordance with Nasdaq’s procedures, the
Company issued a press release disclosing the receipt of the April
19, 2022 letter from Nasdaq. A copy of the press release is
included herewith as Exhibit 99.1 and incorporated herein by
reference.
| Item
9.01 |
Financial
Statements and Exhibits. |
(d) Exhibits
SIGNATURE
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: April 21, 2022
| |
ATLANTIC COASTAL
ACQUISITION CORP. |
| |
|
| |
|
| |
By: |
/s/ Shahraab Ahmad |
| |
|
Shahraab
Ahmad |
| |
|
Chief
Executive Officer |
Atlantic Coastal Acquisi... (NASDAQ:ACAH)
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