secwatch.observer — SEC 8-K summary
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Issuer:     ALKALINE WATER Co INC (WTER)
CIK:        0001532390
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0001062993-23-009342
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Alkaline Water receives Nasdaq deficiency notice for MVLS below $35M threshold
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- On April 13, 2023, Nasdaq notified Alkaline Water that MVLS was below $35M for 30 consecutive days.
- Company also fails to meet Nasdaq Equity Standard (Rule 5550(b)(1)) and Net Income Standard (Rule 5550(b)(3)).
- Has until October 10, 2023 to regain compliance by achieving MVLS >= $35M for 10 consecutive business days.
- If not compliant by deadline, Nasdaq will issue delisting notice; company may appeal to a Hearings Panel.
- Company is evaluating options but cautions there is no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532390/000106299323009342/0001062993-23-009342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532390/000106299323009342/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-009342

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