---
schema_version: "secwatch.filing_event.v1"
accession: "0000029332-23-000080"
form_type: "8-K"
ticker: "DXYN"
cik: "0000029332"
company_name: "DIXIE GROUP INC"
filed_at: "2023-09-29T23:59:59+00:00"
generated_at: "2026-06-10T07:13:47.738000+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dixie Group receives Nasdaq deficiency notice for bid price below $1.00; has until March 2024 to regain compliance

## Summary
- Nasdaq notified Dixie Group on September 27, 2023 that closing bid price was below $1.00 for 30 consecutive business days.
- Company has until March 25, 2024 to regain compliance by maintaining $1.00+ closing bid price for 10 consecutive days.
- If not cured by deadline, Dixie may seek an additional 180-day grace period if it meets other listing standards.
- Failure to cure could lead to delisting; company intends to take reasonable steps but cannot assure compliance.

## SEC filing metadata
- accession: 0000029332-23-000080
- form_type: 8-K
- ticker: DXYN
- cik: 0000029332
- company_name: DIXIE GROUP INC
- filed_at: 2023-09-29T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29332/000002933223000080/0000029332-23-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29332/000002933223000080/dxyn-20230927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029332-23-000080
- JSON: https://secwatch.observer/filing/0000029332-23-000080.json
- Plain text: https://secwatch.observer/filing/0000029332-23-000080.txt

## Key facts
- Listing & Compliance Notices
  DIXIE GROUP INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: September 27, 2023, The Dixie Group, Inc. (the "Company") received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that the closing bid price for its common stock had been below $1.00 for the previous 30 consecutive business days and that the Company therefore is not in compliance with the minimum bid price requirement for continued inclusion on the Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(l). The notification has no immediate effect on the listing of the Company's common stock on Nasdaq. Under the
  evidence_url: https://www.sec.gov/Archives/edgar/data/29332/000002933223000080/0000029332-23-000080-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.