secwatch.observer — SEC 8-K summary
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Issuer:     SmartRent, Inc. (SMRT)
CIK:        0001837014
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0000950170-25-063018
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SmartRent gets NYSE delisting notice for sub-$1.00 stock price; has 6 months to cure
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- Received NYSE notice on May 2, 2025 for non-compliance with minimum $1.00 average closing price over 30 trading days.
- Has six-month cure period to regain compliance by achieving closing price ≥$1.00 and 30-day average ≥$1.00.
- Intends to notify NYSE of cure plan; may pursue reverse stock split if needed, subject to board and shareholder approval.
- Stock continues trading on NYSE during cure period; failure to cure could lead to suspension and delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1837014/000095017025063018/0000950170-25-063018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1837014/000095017025063018/smrt-20250502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-063018

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