secwatch.observer — SEC 8-K summary
======================================

Issuer:     Veradigm Inc. (—)
CIK:        0001124804
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0000950170-23-049429
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veradigm receives Nasdaq delisting notice for delayed filings; intends to appeal
--------------------------------------------------------------------------------

- Received delisting notice on Sep 20, 2023 due to failure to file 10-K (FY2022) and Q1/Q2 2023 10-Qs.
- Noncompliance stems from internal control failures related to ASC 606 revenue accounting; building new revenue system tool.
- Company expects to file delayed reports during Q4 2023.
- Veradigm intends to appeal to Nasdaq Hearings Panel and request extended stay of delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124804/000095017023049429/0000950170-23-049429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124804/000095017023049429/mdrx-20230920.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-049429

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer