secwatch.observer — SEC 8-K summary
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Issuer:     Surrozen, Inc./DE (SRZN)
CIK:        0001824893
Form:       8-K
Filed at:   2023-07-05T23:59:59+00:00
Accession:  0000950170-23-031664
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Surrozen gets Nasdaq extension to Jan 2, 2024 to meet $1 bid price
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- Received Nasdaq notice of additional 180-day period to regain minimum $1.00 bid price compliance.
- Initial compliance period ended July 3, 2023; stock had not regained compliance.
- To cure, Company may effect a reverse stock split before January 2, 2024.
- Closing bid must be at least $1.00 for 10 consecutive business days during extension.
- Failure to comply by Jan 2, 2024 may result in delisting; Company may appeal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824893/000095017023031664/0000950170-23-031664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824893/000095017023031664/srzn-20230705.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-031664

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer