---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-034076"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:25:13.675600+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Sarcos Technology regains Nasdaq minimum bid price compliance

## Summary
- Received Nasdaq notice on July 20, 2023 that common stock closed at $1.00+ for 10 consecutive business days.
- Company had been out of compliance since January 23, 2023 due to bid price below $1.00 for 30 days.
- Nasdaq confirmed compliance with Minimum Bid Requirement; matter is closed.

## SEC filing metadata
- accession: 0000950170-23-034076
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017023034076/0000950170-23-034076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017023034076/strc-20230720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-034076
- JSON: https://secwatch.observer/filing/0000950170-23-034076.json
- Plain text: https://secwatch.observer/filing/0000950170-23-034076.txt

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