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

Issuer:     PRECISION BIOSCIENCES INC (DTIL)
CIK:        0001357874
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000950170-23-055002
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision BioSciences transfers to Nasdaq Capital Market; gets 180-day grace for bid price compliance
--------------------------------------------------------------------------------

- Transfer from Nasdaq Global Select to Nasdaq Capital Market effective Oct 26, 2023; ticker remains DTIL.
- Nasdaq granted 180-day grace period until Apr 22, 2024 to regain $1.00 minimum bid price for 10 consecutive days.
- Company notified Nasdaq it may effect a reverse stock split to cure the bid price deficiency.
- If compliance not regained, Nasdaq will issue delisting notice; company may appeal to a Hearings Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357874/000095017023055002/0000950170-23-055002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357874/000095017023055002/dtil-20231024.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-055002

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