Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.95
Societal CDMO, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
- Exchange
- nasdaq
- Notice
- deficiency notice
- Deficiency
- minimum bid price
- Rules
- 5550(a)(2), 5810(c)(3)(A)
Exact text from the filing
November 21, 2023, the Company received a second letter from the Staff advising that the Company had been granted an additional 180 calendar days, or until May 20, 2024 (the “Extended Compliance Period”), to regain compliance with the Minimum Bid Price Requirement in accordance with Nasdaq Listing Rule 5810(c)(3)(A). If at any time during the Extended Compliance Period, the closing bid price of the Company’s common stock is at least $1.00 per share for a minimum of 10 consecutive business days, the Staff will provide written confirmation that the Company has achieved compliance with the Minimu
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Societal CDMO, Inc. amended Fifth Amendment to the Purchase and Sale Agreement and Joint Escrow Instructions with Weekley Homes, LLC valued at $9,075,000 to $8,067,500 (effective 2023-11-27).
- Action
- amendment
- Agreement
- asset purchase
- Counterparty
- Weekley Homes, LLC
- Value
- $9,075,000 to $8,067,500
- Effective
- 2023-11-27
Exact text from the filing
entered into a Fifth Amendment to the Purchase and Sale Agreement and Joint Escrow Instructions (the “Amendment”) with Weekley Homes, LLC
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