{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-054393","form_type":"8-K","ticker":null,"cik":"0001834585","company_name":"JOANN Inc.","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.885064+00:00","generated_at":"2026-06-09T18:55:19.789357+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"JOANN receives Nasdaq bid-price deficiency notice; stock below $1.00 for 30 days","bullets":["Nasdaq notice on Oct 19, 2023: closing bid price below $1.00 for 30 consecutive business days.","Company has 180 days (until April 16, 2024) to regain compliance by closing at $1.00+ for 10 consecutive days.","If not cured, JOANN may apply for transfer to Nasdaq Capital Market for an additional 180-day cure period.","Company also faces prior non-compliance notices from July 2023 for market value standards (deadline Jan 16, 2024).","Management is exploring options but gives no assurance of regaining compliance with any Nasdaq criteria."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-054393","json":"https://secwatch.observer/filing/0000950170-23-054393.json","markdown":"https://secwatch.observer/filing/0000950170-23-054393.md","text":"https://secwatch.observer/filing/0000950170-23-054393.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1834585/000095017023054393/0000950170-23-054393-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1834585/000095017023054393/joan-20231019.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:55:19.789357+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"96335e38a4d278560639ebfda60b783926d10bf7","claim":"JOANN Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).","evidence_excerpt":"October 19, 2023 (the “Notice Date”), JOANN Inc. (the “Company”) received a written notice (the “Bid Price 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 closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”), because the closing bid price of the Company’s common stock, par value $0.01 per share (the “Common Stock”), was below $1.00 per share for 30 consecutive business days. The Bid Price Notice provided tha","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1834585/000095017023054393/0000950170-23-054393-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5450(a)(1), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}