secwatch.observer — SEC 8-K summary
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Issuer:     SMITH MICRO SOFTWARE, INC. (SMSI)
CIK:        0000948708
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0000948708-24-000001
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith Micro receives Nasdaq deficiency notice for bid price below $1.00
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- Nasdaq notified Smith Micro on Dec 27, 2023 that common stock bid price was below $1.00 for 30 consecutive days.
- Company has 180 calendar days, until June 24, 2024, to regain compliance with Minimum Bid Price Requirement.
- If not cured, Smith Micro may qualify for an additional 180-day compliance period if it meets other listing standards.
- Company intends to monitor bid price and assess options, but no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/948708/000094870824000001/0000948708-24-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/948708/000094870824000001/smsi-20231227.htm
  HTML page:      https://secwatch.observer/filing/0000948708-24-000001

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