United States
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 8.01 | Other Events |
As previously reported on Digital Health Acquisition Corp.’s (the “Company”) Current Reports on Form 8-K filed with the Securities and Exchange Commission on September 29, 2023 and October 13, 2023, on September 28, 2023 the Company received a letter from the staff (the “Staff”) of The Nasdaq Global Market (“Nasdaq Global”) that the Company’s securities (including the Common Stock, Units and Warrants) (the “Securities”) were subject to delisting from Nasdaq Global due to failure to regain compliance to certain Nasdaq Global listing requirement by the Staff’s required timeline (the “September 29, 2023 Letter”). On October 9, 2023, the Company received an additional letter from the Staff, which notified the Company that its not meeting the 400 total shareholders requirement under the Nasdaq Listing Rule 5450(a)(2) served as an additional ground for delisting the Company’s Securities from Nasdaq Global (the “October 9, 2023 Letter”).
In connection with the September 29, 2023 Letter, on October 4, 2023, the Company requested a hearing before the Nasdaq hearings panel (the “Hearing”) to appeal the MVLS determination and applied to list its Securities on The Nasdaq Capital Market (“NasdaqCM”). The Company also planned to address the deficiency outlined in the October 9, 2023 Letter at the Hearing. The Hearing was scheduled on November 30, 2023.
The Company’s application to transfer the listing of its Securities to NasdaqCM was granted on October 26, 2023. On November 1, 2023, the Company received a letter from the Nasdaq Global Hearings panel that due to the Company’s transfer of its listed Securities to NasdaqCM, the Hearing on November 30, 2023 regarding non-compliance with the Nasdaq Global listing standards has been cancelled. The Company’s Securities will continue to be listed and traded on The Nasdaq Stock Market on NasdaqCM.
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.
DIGITAL HEALTH ACQUISITION CORP. | ||
By: | /s/ Scott Wolf | |
Name: | Scott Wolf | |
Dated: November 6, 2023 | Title: | Chief Executive Officer and Chairman |
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