secwatch / observer
8-K filed November 28, 2023, 6:59 PM ET CIK 0001588972
other material confidence high sentiment negative materiality 0.75

Societal CDMO, Inc.: Nasdaq/NYSE listing notice — Societal CDMO receives 180-day Nasdaq extension; cuts property sale price by $1M

Societal CDMO, Inc.

Key facts

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
View on SEC.gov
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
View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR
accession 0000950170-23-066407
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.