secwatch.observer — SEC 8-K summary
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Issuer:     TUPPERWARE BRANDS CORP (—)
CIK:        0001008654
Form:       8-K
Filed at:   2023-06-07T23:59:59+00:00
Accession:  0001008654-23-000054
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tupperware receives NYSE delisting notice for low market cap and sub-$1 stock price
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- NYSE notice (June 1, 2023) cites avg market cap <$50M and stock price <$1.00 over 30 days.
- Company has 45 days to submit a business plan; 18-month cure period for market cap, 6 months for stock price.
- Tupperware also faces ongoing NYSE non-compliance for late 2022 Form 10-K filing (due mid-July 2023).
- Prior misstatements and material weaknesses in internal controls reported; restatement of financials pending.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1008654/000100865423000054/0001008654-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1008654/000100865423000054/tup-20230601.htm
  HTML page:      https://secwatch.observer/filing/0001008654-23-000054

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