secwatch.observer — SEC 8-K summary
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Issuer:     DIXIE GROUP INC (DXYN)
CIK:        0000029332
Form:       8-K
Filed at:   2024-10-02T23:59:59+00:00
Accession:  0000029332-24-000056
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Dixie Group to be delisted from Nasdaq; stock to move to OTCQB
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- Company chose not to appeal Nasdaq's delisting notice received September 24, 2024, over bid price non-compliance.
- Nasdaq will suspend trading of DXYN at the open on October 3, 2024, and file Form 25-NSE to remove listing.
- Company filed to be quoted on the OTCQB market under the same ticker DXYN, expected promptly after suspension.
- Delisting results from failure to regain compliance with the minimum bid price requirement by the required date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29332/000002933224000056/0000029332-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29332/000002933224000056/dxyn-20241002.htm
  HTML page:      https://secwatch.observer/filing/0000029332-24-000056

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