Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On May 25, 2022, SportsMap Acquisition Corp. (the "Company") received a notice
from the Listing Qualifications Department of The Nasdaq Capital Market (the
"Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing
Rule 5250(c)(1) because the Company failed to timely file its Quarterly Report
on Form 10-Q for the period ended March 31, 2022 and remains delinquent in
filing its Form 10-K for the year ended December 31, 2021 with the SEC.
Under Nasdaq rules, the Company has until June 20, 2022 to submit a plan to
regain compliance with the Nasdaq Listing Rule 5250(c)(1). If Nasdaq accepts the
Company's plan, then Nasdaq may grant an exception of up to 180 calendar days
from the due date of the Form 10-K, or until October 12, 2022, to regain
compliance.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release dated May 27, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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