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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION 

Washington, DC 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 

 

Date of Report: 

September 1, 2022 

 

JIYA ACQUISITION CORP.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-39719   85-2789517

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.) 

 

628 Middlefield Road

Palo Alto, CA

  94301
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: +1 650-285-4270

 

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 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A common stock, par value $0.0001 per share   JYAC   Nasdaq Capital Market 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

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.

 

 

 

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On August 23, 2022, Jiya Acquisition Corp. (the “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 5250(c)(1) because the Company had failed to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2022 (the “Delinquent Report”).

 

The Notice stated that the Company had until October 24, 2022 to submit a plan to regain compliance with respect to the filing of the Delinquent Report. The Company filed the Delinquent Report on August 31, 2022. As a result of the filing, on September 1, 2022, NASDAQ confirmed that the Company is no longer required to submit a plan to regain compliance.

 

This notification has no immediate effect on the listing of the Company’s shares on NASDAQ.

 

Item 8.01. Other Events.

 

On September 2, 2022, the Company issued a press release announcing its receipt of the Notice and its filing of the Delinquent Report. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

     
Exhibit  

Description

   
99.1   Press release
   
104   Cover Page Interactive Date File, formatted in Inline XBRL (contained in Exhibit 101)

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: September 2, 2022

 

  JIYA ACQUISITION CORP.
   
   
  By: /s/ Rekha Hemrajani
    Rekha Hemrajani
    Chief Executive Officer