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)
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