Form 8-K - Current report
21 October 2023 - 7:45AM
Edgar (US Regulatory)
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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): October 17, 2023
Fat Projects Acquisition Corp
(Exact name of registrant as specified in its charter)
Cayman Islands |
|
001-40755 |
|
N/A00-0000000 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification No.) |
27 Bukit Manis Road
Singapore |
|
099892 |
(Address
of principal executive offices) |
|
(Zip
Code) |
(65)
8590-2056
(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 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 Class A Ordinary Share
and
One Redeemable Warrant |
|
FATPU |
|
The
Nasdaq Stock Market LLC |
Class
A Ordinary Share, par value $0.0001 per share |
|
FATP |
|
The
Nasdaq Stock Market LLC |
Redeemable
Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 |
|
FATPW |
|
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.
As
previously disclosed, on April 29, 2023, Fat Projects Acquisition Corp., a Cayman Islands exempt company limited by shares, with company
registration number 374480 (the “Company”) received a written notice from the Listing Qualifications Department
of The Nasdaq Stock Market (“Nasdaq”) of noncompliance with Listing Rule 5450(b)(2)(B), which requires the
Company to maintain a minimum of 1,100,000 publicly held shares for continued listing on the Nasdaq Global Market. The Company timely
submitted a plan to return to compliance on June 5, 2023, and Nasdaq granted the Company an extension of time to return to compliance
until October 16, 2023.
On
October 17, 2023, received a written notice (the “Notice”) from Nasdaq indicating that the staff of the Nasdaq
Listing Qualifications Department (the “Staff”) has determined that the Company did not return to compliance
with Listing Rule 5450(b)(2)(B) by October 16, 2023, and as a result the Company’s securities will be delisted from the Nasdaq
Global Market at the opening of business on October 26, 2023 unless the Company requests an appeal to a Nasdaq hearing panel by October
24, 2024.
The
Company intends to timely appeal the Staff’s determination to a Nasdaq hearing panel, which will stay the suspension of the Company’s
securities from trading on the Nasdaq Global Market pending the hearing panel’s decision. Thus there will be no current effect
on the listing or trading of the Company’s securities, and the listing and trading of the Company’s securities will only
be suspended if the appeal is unsuccessful.
Item 9.01. Exhibits.
Exhibit
Number |
|
Description
of Exhibit |
104 |
|
Cover
Page Interactive Data File (embedded with the Inline XRBL document). |
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.
|
FAT
PROJECTS ACQUISITION CORP
|
|
|
|
|
By:
|
/s/
David Andrada |
|
Name: |
David
Andrada |
|
Title: |
Co-Chief
Executive Officer and Chief Financial Officer |
Date:
October 20, 2023
v3.23.3
Cover
|
Oct. 17, 2023 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Oct. 17, 2023
|
Entity File Number |
001-40755
|
Entity Registrant Name |
Fat Projects Acquisition Corp
|
Entity Central Index Key |
0001865045
|
Entity Tax Identification Number |
00-0000000
|
Entity Incorporation, State or Country Code |
E9
|
Entity Address, Address Line One |
27 Bukit Manis Road
|
Entity Address, City or Town |
Singapore
|
Entity Address, Country |
SG
|
Entity Address, Postal Zip Code |
099892
|
City Area Code |
(65)
|
Local Phone Number |
8590-2056
|
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 Class A Ordinary Share |
|
Title of 12(b) Security |
Units,
each consisting of one Class A Ordinary Share
|
Trading Symbol |
FATPU
|
Security Exchange Name |
NASDAQ
|
Class A Ordinary Share, par value $0.0001 per share |
|
Title of 12(b) Security |
Class
A Ordinary Share, par value $0.0001 per share
|
Trading Symbol |
FATP
|
Security Exchange Name |
NASDAQ
|
Redeemable Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 |
|
Title of 12(b) Security |
Redeemable
Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50
|
Trading Symbol |
FATPW
|
Security Exchange Name |
NASDAQ
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