{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-033844","form_type":"8-K","ticker":null,"cik":"0001834585","company_name":"JOANN Inc.","filed_at":"2023-07-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.590458+00:00","generated_at":"2026-06-13T05:05:23.950282+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"JOANN receives Nasdaq deficiency notices for market value below $50M","bullets":["Received Nasdaq notice on July 20, 2023: market value of common stock below $50M for 30 consecutive business days.","Also received notice that publicly held market value below $15M for 30 consecutive business days.","Compliance period ends January 16, 2024; stock continues trading on Nasdaq Global Market.","To regain compliance, market value must close at or above thresholds for 10 consecutive business days.","Company considering options but no assurance of regaining compliance; potential delisting if not cured."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-033844","json":"https://secwatch.observer/filing/0000950170-23-033844.json","markdown":"https://secwatch.observer/filing/0000950170-23-033844.md","text":"https://secwatch.observer/filing/0000950170-23-033844.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834585/000095017023033844/0000950170-23-033844-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834585/000095017023033844/joan-20230720.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:05:23.950282+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6160408d541463de2211e42fc87233ba39898130","claim":"JOANN Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5450(b)(2)(C)).","evidence_excerpt":"July 20, 2023 (the “Notice Date”), JOANN Inc. (the “Company”) received a written notice (the “Market Value Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with the requirement to maintain a minimum market value of listed securities of at least $50 million, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) (the “Market Value Standard”), because the market value of the Company’s common stock (the “Common Stock”) was less than $50 million for 30 consecutive business days. Also on the Notice Date, the Company recei","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834585/000095017023033844/0000950170-23-033844-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5450(b)(2)(A), 5450(b)(2)(C)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}