secwatch.observer — SEC 8-K summary
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Issuer:     CalAmp Corp. (—)
CIK:        0000730255
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0000950170-24-005811
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CalAmp receives Nasdaq deficiency notice for stockholders' equity
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- Nasdaq notified CalAmp on Jan 18, 2024 of non-compliance with $10M stockholders' equity requirement.
- Company must submit a compliance plan by March 4, 2024 to regain listing compliance.
- CalAmp also has an existing bid price deficiency from August 22, 2023.
- If plan is rejected or not cured, stock faces delisting from Nasdaq Global Select Market.
- Company intends to submit plan; delisting could move trading to OTC Markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/730255/000095017024005811/0000950170-24-005811-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/730255/000095017024005811/camp-20240118.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-005811

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