---
schema_version: "secwatch.filing_event.v1"
accession: "0000746210-23-000075"
form_type: "8-K"
ticker: "TWAV"
cik: "0000746210"
company_name: "TaoWeave, Inc."
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:58:04.657524+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Oblong receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period to March 19, 2024

## Summary
- Nasdaq notified Oblong that its common stock closing bid price was below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until March 19, 2024, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by March 19, 2024, Oblong may qualify for a second 180-day compliance period.
- Stock continues trading on Nasdaq Capital Market under symbol OBLG; delisting if not cured after possible appeal.
- Company intends to monitor bid price and consider available options to regain compliance.

## SEC filing metadata
- accession: 0000746210-23-000075
- form_type: 8-K
- ticker: TWAV
- cik: 0000746210
- company_name: TaoWeave, Inc.
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746210/000074621023000075/0000746210-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746210/000074621023000075/glow-20230921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746210-23-000075
- JSON: https://secwatch.observer/filing/0000746210-23-000075.json
- Plain text: https://secwatch.observer/filing/0000746210-23-000075.txt

## Key facts
- Listing & Compliance Notices
  TaoWeave, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: September 21, 2023, Oblong, Inc., a Delaware corporation (the “ Company ”), received written notice (the " Notice ") from the Nasdaq Stock Market, LLC (" Nasdaq ") indicating that the bid price for the Company's common stock (the "Common Stock"), for the last 30 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company is not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The Notice has no effect at this time of the Common Stock, which
  evidence_url: https://www.sec.gov/Archives/edgar/data/746210/000074621023000075/0000746210-23-000075-index.htm

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