secwatch.observer — SEC 8-K summary
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Issuer:     ALKALINE WATER Co INC (WTER)
CIK:        0001532390
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001062993-23-019336
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Alkaline Water faces Nasdaq delisting over bid price and market value deficiencies; appeal planned
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- Oct 9: Nasdaq notices bid price below $1.00 for 30 consecutive days; 180 days to cure by Apr 8, 2024.
- Oct 11: Nasdaq determines MVLS compliance not regained (min $35M); delisting set for Oct 20 unless appeal.
- Company intends to appeal to Nasdaq Hearings Panel; trading stays pending appeal decision.
- If delisted, common stock expected to trade on OTC Markets Group.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532390/000106299323019336/0001062993-23-019336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532390/000106299323019336/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-019336

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