secwatch.observer — SEC 8-K summary
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Issuer:     Arcimoto Inc (—)
CIK:        0001558583
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001013762-23-005852
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Arcimoto receives Nasdaq bid price deficiency notice; 180 days to regain compliance
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- Bid price closed below $1.00 per share for 30 consecutive business days as of October 20, 2023.
- Company has 180 calendar days to regain compliance by closing at $1.00+ for ten consecutive business days.
- Failure may lead to transfer to Nasdaq Capital Market or delisting; reverse stock split being considered.
- No immediate effect on listing; Company intends to monitor and pursue available remedies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558583/000101376223005852/0001013762-23-005852-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558583/000101376223005852/ea187144-8k_arcimoto.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-005852

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