secwatch.observer — SEC 8-K summary
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Issuer:     Sonendo, Inc. (SONX)
CIK:        0001407973
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0000950170-23-065525
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonendo receives NYSE delisting notice; to trade on OTCQX from Nov 22, 2023
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- 30-day avg market cap was ~$15.5M; stockholders' equity at Sept 30, 2023 was ~$37.8M.
- NYSE suspended trading effective Nov 22, 2023; company intends to appeal.
- Shares will begin trading on OTCQX on Nov 22, 2023 under symbol SONX.
- CCO Michael Smith resigned effective Dec 1, 2023; no severance, no disagreement with company.
- Company plans to submit a compliance plan to NYSE within 45 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1407973/000095017023065525/0000950170-23-065525-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1407973/000095017023065525/sonx-20231115.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-065525

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