target Global Acquisition I in an 8-K said it received notice from the nasdaq that it had fallen below the aggregate market value of at least $1 million for outstanding warrants — a listing requirement — and has until July 30 to submit a compliance plan. The SPAC would then have until Dec. 12 to regain compliance.
Target Global's sponsor is a European VC firm. The SPAC raised $200 million in a Decmber 2021 IPO with a broad focus on technology companies. Read more.