secwatch.observer — SEC 8-K summary
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Issuer:     TaoWeave, Inc. (TWAV)
CIK:        0000746210
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0000746210-23-000075
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/746210/000074621023000075/0000746210-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/746210/000074621023000075/glow-20230921.htm
  HTML page:      https://secwatch.observer/filing/0000746210-23-000075

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