secwatch.observer — SEC 8-K summary
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Issuer:     DYNATRONICS CORP (—)
CIK:        0000720875
Form:       8-K
Filed at:   2023-06-28T23:59:59+00:00
Accession:  0001062993-23-014076
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Dynatronics receives Nasdaq notice for failing $1 minimum bid price; has until Dec 2023 to cure
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- Received Nasdaq deficiency notice on June 26, 2023 for closing bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until December 26, 2023, to regain minimum bid price compliance.
- Compliance can be regained if bid price closes at $1.00 or more for at least ten consecutive business days.
- If not compliant by deadline, may qualify for additional grace period if meeting other Nasdaq listing standards.
- Company intends to monitor bid price and consider options; no specific plan yet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720875/000106299323014076/0001062993-23-014076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720875/000106299323014076/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-014076

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