8-K
Metal Sky Star Acquisition Corp (MSSAF)
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): July 12, 2024
METAL
SKY STAR ACQUISITION CORPORATION
(Exact name of registrant as specified in its charter)
| Cayman<br> Islands | 001-41344 | N/A |
|---|---|---|
| (State<br>or other jurisdiction <br><br>of incorporation) | (Commission<br> <br><br>File Number) | (IRS<br> Employer <br><br>Identification No.) |
| 132<br> West 31st Street, First Floor | ||
| --- | --- | |
| New York, NY | 10001 | |
| (Address<br> of principal executive offices) | (Zip<br> Code) |
Registrant’s telephone number, including area code: (332) 237-6141
Not
Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☒ | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
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,<br> each consisting of one Ordinary Share, $0.001 par value, one redeemable warrant, and one right | MSSAU | The<br> Nasdaq Stock Market LLC |
| Ordinary<br> Shares, $0.001 par value | MSSA | The<br> Nasdaq Stock Market LLC |
| Redeemable<br> warrants, each warrant exercisable for one Ordinary Share at an exercise price of $11.50 per share | MSSAW | The<br> Nasdaq Stock Market LLC |
| Rights<br> to receive one-tenth (1/10th) of one Ordinary Share | MSSAR | The<br> Nasdaq Stock Market LLC |
Item3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 12, 2024, Metal Sky Star Acquisition Corporation (“Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with Listing Rule 5450(a)(2) (the “Minimum Public Holders Rule”), which requires the Company to have at least 400 public holders for continued listing on the Nasdaq Global Market. The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market.
The Notice states that the Company has 45 calendar days to submit a plan to regain compliance with the Minimum Public Holders Rule. The Company intends to submit a plan to regain compliance with the Minimum Public Holders Rule within the required timeframe. If Nasdaq accepts Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the Notice to evidence compliance with the Minimum Public Holders Rule. If Nasdaq does not accept the Company’s plan, the Company will have the opportunity to appeal the decision in front of a Nasdaq Hearings Panel.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf on July 16 by the undersigned, hereunto duly authorized.
| Dated:<br> July 16, 2024 | Metal Sky Star Acquisition Corporation | |
|---|---|---|
| By: | /s/ Olivia He | |
| Name: | Olivia<br> He | |
| Title: | Chief<br> Executive Officer |