Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
As previously reported in a Form 12b-25 Notification of Late Filing filed by
Sustainable Development Acquisition I Corp. (the "Company") on November 15,
2021, the Company was delayed in filing with the Securities and Exchange
Commission (the "SEC") its Quarterly Report on Form 10-Q for the quarter ended
September 30, 2021 (the "Form 10-Q") without unreasonable effort or expense.
On December 1, 2021, in accordance with standard procedures related to the
delayed filing of the Form 10-Q with the SEC, the Company received a notice from
The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company was not in
compliance with the periodic filing requirements for continued listing set forth
in Nasdaq Listing Rule 5250(c)(1). Nasdaq's listing rules provide the Company
with 60 calendar days from the date of the notice to submit a plan to regain
compliance. The Nasdaq notice has no immediate effect on the listing or trading
of the Company's securities on Nasdaq.
The Company fully regained compliance with the Nasdaq continued listing
requirements as a result of filing the Form 10-Q on November 30, 2021, which
eliminated the need for the Company to submit a formal plan to regain
compliance.
A press release, dated December 3, 2021, disclosing the Company's receipt of the
Nasdaq notification letter is attached as Exhibit 99.1 and is furnished
herewith.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release, dated December 3, 2021.
104 Cover Page Interactive Data File - the cover page XBRL tags are
embedded within the Inline XBRL document.
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