OPY Acquisition Corp. I filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Current Report
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| Item 8.01. | Other Events. |
As previously disclosed in a Current Report on Form 8-K dated April 3, 2023, on April 3, 2023, the Nasdaq Stock Market LLC notified OPY Acquisition Corp. I (the “Company”) that it had failed to maintain a minimum market value of listed securities of $50,000,000 over the previous 30 consecutive business days as required by The Nasdaq Global Market set forth in Listing Rule 5450(b)(2)(A) (the “Rule”). As previously disclosed, the Sponsor agreed to exchange 3,162,499 founders shares for an equal number of shares of Class A common stock which is the class of securities listed on Nasdaq.
On April 27, 2023, the Company received a subsequent letter from the Listing Qualifications Staff of Nasdaq informing the Company that the Staff had determined that for the period from April 11 to April 26, 2023, the Company’s market value of listed securities had been $50,000,000 or greater. Accordingly, the Company has regained compliance with the Rule and the matter was now closed.
| Item 9.01. | Financial Statements and Exhibits. |
| 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.
| Dated: May 1, 2023 | ||
| OPY ACQUISITION CORP. I | ||
| By: | /s/ Jonathan B. Siegel | |
| Name: | Jonathan B. Siegel | |
| Title: | Chairman and Chief Executive Officer | |