---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-046784"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:18:15.203518+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# DIRTT to voluntarily delist from Nasdaq after bid price failure; TSX trading continues

## Summary
- Received delisting notice from Nasdaq on Sept 6, 2023; suspension around Sept 15, 2023.
- Voluntary delisting; company decided against reverse stock split to maintain listing.
- Shares will continue trading on Toronto Stock Exchange under symbol DRT.
- Estimated annual cost savings of USD $400,000 from eliminating dual listing.
- CEO says dual listing insufficient value; company confident in growth prospects.

## SEC filing metadata
- accession: 0000950170-23-046784
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000095017023046784/0000950170-23-046784-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000095017023046784/drtt-20230906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-046784
- JSON: https://secwatch.observer/filing/0000950170-23-046784.json
- Plain text: https://secwatch.observer/filing/0000950170-23-046784.txt

## Key facts
- Listing & Compliance Notices
  DIRTT ENVIRONMENTAL SOLUTIONS LTD received a nasdaq compliance regained notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: March 7, 2023, Nasdaq notified the Company in writing that while the Company had not regained compliance with the Bid Price Rule, it was eligible for an additional 180 calendar day period, or until September 5, 2023, to regain compliance with the Bid Price Rule. The Company’s securities were transferred to The Nasdaq Capital Market at the opening of business on March 9, 2023. The Company did not regain compliance before the additional 180-day period expired on September 5, 2023. On September 6, 2023, the Company received notice from the Nasdaq that the Company's shares would be delisted. The C
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000095017023046784/0000950170-23-046784-index.htm

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