---
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"
generated_at: "2026-06-13T05:05:23.950282+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# JOANN receives Nasdaq deficiency notices for market value below $50M

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-033844
- form_type: 8-K
- cik: 0001834585
- company_name: JOANN Inc.
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-033844
- JSON: https://secwatch.observer/filing/0000950170-23-033844.json
- Plain text: https://secwatch.observer/filing/0000950170-23-033844.txt

## Key facts
- Listing & Compliance Notices
  JOANN Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A), 5450(b)(2)(C)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A), 5450(b)(2)(C)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1834585/000095017023033844/0000950170-23-033844-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.