secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0000950170-24-041830
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Well (AMWL) receives NYSE delisting notice for non-compliance with $1 minimum bid price
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- On April 2, 2024, received NYSE notice that average closing price of AMWL common stock was below $1 per share over 30 consecutive trading-days.
- No immediate delisting; six-month cure period beginning April 2 to regain compliance.
- Company plans to regain compliance through a reverse stock split, subject to board and stockholder approval at its 2024 annual meeting.
- The notice does not affect business operations, SEC reporting obligations, or continued NYSE trading during cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024041830/0000950170-24-041830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000095017024041830/amwl-20240402.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-041830

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