Form 8-K - Current report
30 January 2024 - 8:05AM
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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): January 23, 2024
Clover Leaf Capital Corp.
(Exact name of registrant
as specified in its charter)
Delaware |
|
001-40625 |
|
85-2303279 |
(State or other jurisdiction
of incorporation) |
|
(Commission File
Number) |
|
(IRS Employer
Identification No.) |
1450 Brickell Avenue,
Suite 2520
Miami, FL 33131
(Address of principal
executive offices, including zip code)
Registrant’s
telephone number, including area code: (305) 577-0031
(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 (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 Right to receive one-eighth (1/8) of one share of Class A Common Stock upon the consummation of an initial business combination |
|
CLOEU |
|
The Nasdaq Stock Market LLC |
Class A Common Stock, par value $0.0001 per share |
|
CLOE |
|
The Nasdaq Stock Market LLC |
Rights, every eight (8) rights entitles the holder to receive one share of Class A Common Stock upon the consummation of an initial business combination |
|
CLOER |
|
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 (§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 ☒
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 January 23, 2024, Clover
Leaf Capital Corp. (the “Company”) received a deficiency notice (the “Notice”) from the Listing Qualifications
Department (the “Staff”) of The Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that it is not in compliance
with Nasdaq Listing Rule 5620(a), which requires that Nasdaq-listed companies hold an annual meeting of shareholders within twelve months
of their fiscal year end (the “Annual Meeting Requirement”), because the Company did not hold an annual meeting of shareholders
within twelve months of its fiscal year ended December 31, 2022. The notification received has no immediate effect on the Company’s
Nasdaq listing. In accordance with Nasdaq rules, the Company has 45 calendar days, or until March 8, 2024, to submit a plan to regain
compliance with the Annual Meeting Requirement.
If Nasdaq accepts the Company’s
plan, Nasdaq can grant an exception of up to 180 calendar days from the Company’s fiscal year end, or until June 28, 2024, to regain
compliance. However, there can be no assurance that Nasdaq will accept the Company’s plan to regain compliance or that, should Nasdaq
accept the Company’s plan, the Company will be able to regain compliance within any extension period granted by Nasdaq. If Nasdaq
does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a Hearing Panel under Nasdaq
Listing Rule 5815(a). If the Company fails to regain compliance with Nasdaq’s Listing Rules (including, to the extent granted by
Nasdaq, any applicable extensions of time), the securities of the Company will be subject to delisting on The Nasdaq Stock Market.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
See the Exhibit Index below, which is incorporated
by reference herein.
Exhibit No. |
|
Description |
104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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.
|
Clover Leaf Capital Corp. |
|
|
|
Date: January 29, 2024 |
By: |
/s/ Felipe MacLean |
|
|
Name: |
Felipe MacLean |
|
|
Title: |
Chief Executive Officer |
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Jan. 23, 2024 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Jan. 23, 2024
|
Entity File Number |
001-40625
|
Entity Registrant Name |
Clover Leaf Capital Corp.
|
Entity Central Index Key |
0001849058
|
Entity Tax Identification Number |
85-2303279
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
1450 Brickell Avenue
|
Entity Address, Address Line Two |
Suite 2520
|
Entity Address, City or Town |
Miami
|
Entity Address, State or Province |
FL
|
Entity Address, Postal Zip Code |
33131
|
City Area Code |
305
|
Local Phone Number |
577-0031
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
|
Units, each consisting of one share of Class A Common Stock, $0.0001 par value and one Right to receive one-eighth (1/8) of one share of Class A Common Stock upon the consummation of an initial business combination |
|
Title of 12(b) Security |
Units, each consisting of one share of Class A
|
Trading Symbol |
CLOEU
|
Security Exchange Name |
NASDAQ
|
Class A Common Stock, par value $0.0001 per share |
|
Title of 12(b) Security |
Class A Common Stock, par value $0.0001 per share
|
Trading Symbol |
CLOE
|
Security Exchange Name |
NASDAQ
|
Rights, every eight (8) rights entitles the holder to receive one share of Class A Common Stock upon the consummation of an initial business combination |
|
Title of 12(b) Security |
Rights, every eight (8) rights entitles the
|
Trading Symbol |
CLOER
|
Security Exchange Name |
NASDAQ
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