---
schema_version: "secwatch.filing_event.v1"
accession: "0000709283-24-000024"
form_type: "8-K"
ticker: "QMCO"
cik: "0000709283"
company_name: "QUANTUM CORP /DE/"
filed_at: "2024-10-10T23:59:59+00:00"
generated_at: "2026-05-30T17:01:34.623465+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quantum receives Nasdaq delisting notice for failure to meet minimum market value of publicly held shares

## Summary
- Nasdaq notified Quantum on Oct 4, 2024, that its Market Value of Publicly Held Shares was below $15M for 30 consecutive business days.
- Company has 180 calendar days from notification date to regain compliance; no immediate effect on listing.
- Compliance can be regained if Market Value of Publicly Held Shares closes at $15M or more for 10 consecutive business days.
- The notification does not impact Quantum's business operations.

## SEC filing metadata
- accession: 0000709283-24-000024
- form_type: 8-K
- ticker: QMCO
- cik: 0000709283
- company_name: QUANTUM CORP /DE/
- filed_at: 2024-10-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709283/000070928324000024/0000709283-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709283/000070928324000024/qtm-20241004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000709283-24-000024
- JSON: https://secwatch.observer/filing/0000709283-24-000024.json
- Plain text: https://secwatch.observer/filing/0000709283-24-000024.txt

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