secwatch.observer — SEC 8-K summary
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Issuer:     MANNATECH INC (MTEX)
CIK:        0001056358
Form:       8-K
Filed at:   2024-08-22T23:59:59+00:00
Accession:  0001056358-24-000066
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Mannatech receives Nasdaq delisting notice for equity below $10M minimum
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- Stockholders' equity was $8.199M as of June 30, 2024 vs. $10M Nasdaq Global Market minimum.
- Company has until Oct. 3, 2024 to submit a compliance plan; Nasdaq may extend to Feb. 15, 2025.
- If plan rejected, Mannatech can appeal or seek transfer to Nasdaq Capital Market.
- Risk factor supplement filed: delisting could impair equity sales and liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000066/0001056358-24-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056358/000105635824000066/mtex-20240819.htm
  HTML page:      https://secwatch.observer/filing/0001056358-24-000066

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