secwatch.observer — SEC 8-K summary
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Issuer:     PRECISION BIOSCIENCES INC (DTIL)
CIK:        0001357874
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000950170-23-015876
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision BioSciences receives Nasdaq deficiency letter for bid price below $1.00
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- Nasdaq notified on April 24, 2023 that DTIL common stock closed below $1.00 for 30 consecutive business days.
- Company has 180 days, until October 23, 2023, to regain compliance by having bid price ≥$1.00 for 10 consecutive days.
- If not compliant by deadline, DTIL may request transfer to Nasdaq Capital Market and obtain an additional 180-day period.
- Company may consider a reverse stock split to cure the deficiency, but no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357874/000095017023015876/0000950170-23-015876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357874/000095017023015876/dtil-20230424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-015876

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