secwatch.observer — SEC 8-K summary
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Issuer:     Danimer Scientific, Inc. (—)
CIK:        0001779020
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0000950170-24-008377
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Danimer Scientific receives NYSE notice of non-compliance for stock price below $1.00
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- NYSE notified Danimer on Jan 23, 2024 that average closing price was below $1.00 over 30 consecutive trading days ending Jan 22.
- Company has six months to cure by having closing price at least $1.00 on last trading day of a month with 30-day average above $1.00.
- Common stock (DNMR) will continue trading on NYSE during cure period, subject to other listing requirements.
- Notice does not affect business operations, SEC reporting, or debt obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779020/000095017024008377/0000950170-24-008377-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779020/000095017024008377/dnmr-20240123.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-008377

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