---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-003536"
form_type: "8-K"
ticker: "MGAM"
cik: "0001886362"
company_name: "Mobile Global Esports, Inc."
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T01:05:50.482990+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nasdaq grants Mobile Global Esports additional 180 days to regain $1 minimum bid price compliance

## Summary
- Received deficiency notice on April 11, 2023 for bid price below $1.00 for 30 consecutive business days.
- Failed to regain compliance by the initial 180-day deadline of October 9, 2023.
- Nasdaq granted an additional 180 calendar days, until April 8, 2024, to regain compliance.
- Company intends to monitor closing bid price and may consider available options to regain compliance.

## SEC filing metadata
- accession: 0001013762-23-003536
- form_type: 8-K
- ticker: MGAM
- cik: 0001886362
- company_name: Mobile Global Esports, Inc.
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1886362/000101376223003536/0001013762-23-003536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1886362/000101376223003536/ea186671-8k_mobile.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-003536
- JSON: https://secwatch.observer/filing/0001013762-23-003536.json
- Plain text: https://secwatch.observer/filing/0001013762-23-003536.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.