secwatch.observer — SEC 8-K summary
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Issuer:     CalAmp Corp. (—)
CIK:        0000730255
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0000950170-23-044033
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CalAmp receives Nasdaq deficiency notice for bid price below $1.00; 180 days to cure
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- Received Nasdaq deficiency letter on Aug 22, 2023 due to closing bid price below $1.00 for 30 consecutive business days.
- Has 180 calendar days (until Feb 20, 2024) to regain compliance by closing at or above $1.00 for 10 consecutive business days.
- If not cured, may request additional 180-day period if meets other listing standards; otherwise delisting process may begin.
- Company to monitor bid price and evaluate options, including potential reverse stock split, but no assurances of compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730255/000095017023044033/0000950170-23-044033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730255/000095017023044033/camp-20230822.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-044033

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