secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMARIN CORP PLCUK (AMRN)
CIK:        0000897448
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0000950170-24-065585
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Amarin receives Nasdaq deficiency notice over bid price below $1.00 for 30 days
-------------------------------------------------------------------------------

- Nasdaq notified Amarin on May 24, 2024 that its ADS closing bid price has been below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until November 20, 2024, to regain compliance by closing at $1.00 or more for 10 consecutive business days.
- Failure by November 20 could lead to a second 180-day cure period if listing is transferred to Nasdaq Capital Market.
- Amarin's ADSs continue to trade on The Nasdaq Global Market under symbol AMRN; no immediate delisting effect.
- Company is evaluating options but cannot assure it will regain compliance with the Bid Price Requirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897448/000095017024065585/0000950170-24-065585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897448/000095017024065585/amrn-20240524.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-065585

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