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AI brief of an SEC Form 8-K · Globa Terra Acquisition Corp (GTERA)

Globa Terra Acquisition faces Nasdaq delisting after missing SPAC deadline; appeal planned

Negative Impact 5 of 5 legal/regulatory Written later

Nasdaq notified Globa Terra Acquisition Corp on October 16, 2026, that it has not completed a business combination within the required timeframe, and has begun procedures to delist its securities. The company intends to request a hearing before a Nasdaq Hearing Panel, which would keep its shares listed while the appeal is pending, but there is no assurance the appeal will succeed.

Key points

  • Nasdaq Staff Determination received October 16, 2026, citing failure to complete a business combination within the required timeframe under IM-5101-2(b)
  • Hearing request deadline is 4:00 p.m. Eastern Time on October 23, 2026
  • If no hearing is requested, trading suspension begins at the opening of business on October 27, 2026
  • The company is seeking a shareholder extension of its deadline to July 9, 2027

The filing

CompanyGloba Terra Acquisition Corp (GTERA)
Form8-K, current report
Filed with the SECOct 22, 2026, 4:05 PM ET
Accession number0001140361-26-040510

Items reported: 3.01 Delisting / Listing Rule Notice

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.