secwatch.observer — SEC 8-K summary
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Issuer:     Starry Group Holdings, Inc. (—)
CIK:        0001884697
Form:       8-K
Filed at:   2022-12-15T23:59:59+00:00
Accession:  0000950170-22-026619
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE commences delisting proceedings for Starry Group due to low trading price; also non-compliant on market cap
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- On Dec 14, NYSE notified Starry it would suspend trading and delist STRY and STRY WS due to low trading price levels under Section 802.01D.
- Board considering whether to appeal within seven calendar days of notice; NYSE will apply to SEC to effect delisting.
- Additionally, on Dec 9, NYSE cited non-compliance with Section 802.01B: avg market cap <$50M and stockholders' equity <$50M over 30 days.
- Company has 45 days to submit a plan to cure market cap deficiency within 18 months; Board considering whether to submit a plan.
- No impact to customer internet service; operations continue as normal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1884697/000095017022026619/0000950170-22-026619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1884697/000095017022026619/stry-20221209.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-026619

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