secwatch.observer — SEC 8-K summary
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Issuer:     Markforged Holding Corp (—)
CIK:        0001816613
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0000950170-23-013327
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Markforged receives NYSE delisting notice for stock price below $1.00; six-month cure period
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- NYSE notified Markforged on April 18, 2023 that it fails minimum avg closing price >$1.00 over 30 trading days.
- Company has six-month cure period; can regain compliance if closing price >=$1.00 on last trading day of any month and 30-day avg >=$1.00.
- Company intends to notify NYSE within 10 business days of intent to cure; may consider reverse stock split if needed.
- No immediate delisting; stock continues trading on NYSE during cure period subject to other listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816613/000095017023013327/0000950170-23-013327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816613/000095017023013327/mkfg-20230418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-013327

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