UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| The Stock Market LLC | ||||
| The Stock Market LLC | ||||
| The Stock Market LLC |
Item 8.01. Other Events.
As previously reported on a Current Report on Form 8-K filed on October 18, 2022 by Edoc Acquisition Corp. (the “Company”), the Company received a determination letter by the Staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company’s securities will be delisted from Nasdaq on the grounds that the Company was not in compliance with the Market Value of Listed Securities (“MVLS”) Standard, since the market value of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares”), was below the $35 million minimum MVLS requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(2) and had not been at least $35 million for a minimum of 10 consecutive business days at any time during the 180-day grace period granted to the Company. On October 20, 2022, the Nasdaq Hearings Panel (the “Panel”) granted the Company a hearing to appeal the Staff’s determination, and on December 1, 2022, the Company attended the hearing before the Panel.
On December 20, 2022, the Panel issued its decision (“Decision”) to grant the Company’s request for continued listing on Nasdaq until April 11, 2023 (the “exception period”), subject to certain conditions, including that the Company will, within certain agreed timeframes during the exception period: (i) file a registration statement on Form F-4 with the Securities and Exchange Commission (“SEC”) as part of the initial business combination with Australian Oilseeds Investments Pty Ltd. (“Coota”); (ii) file its annual report on Form 10-K for the fiscal year ending December 31, 2021 with the SEC; (iii) obtain shareholder approval to extends its current February 12, 2023 deadline to complete an initial business combination; and (iv) close the initial business combination with Coota and demonstrate compliance with all initial listing standards as required by Listing Rule 5505. As a result of the Decision, during the exception period the Company’s Ordinary Shares, rights and warrants will continue to trade on Nasdaq under symbols “ADOC,” “ADOCR,” and “ADOCW,” respectively.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits |
| Exhibit No. | Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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.
| EDOC Acquisition Corp. | |||
| Date: December 27, 2022 | By: | /s/ Kevin Chen | |
| Name: | Kevin Chen | ||
| Title: | Chief Executive Officer | ||
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