secwatch.observer — SEC 8-K summary
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Issuer:     Dolphin Entertainment, Inc. (DLPN)
CIK:        0001282224
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0001079973-24-001246
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dolphin Entertainment receives Nasdaq delisting notice for bid price; plans reverse split vote on Sept 24, 2024
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- Received Nasdaq deficiency notice on Aug 12, 2024 for failing $1 minimum bid price over 30 consecutive business days.
- Must achieve closing bid price of $1+ for 10 consecutive business days by Feb 10, 2025 to regain compliance.
- Will seek shareholder approval at Sept 24, 2024 annual meeting for a 1-for-2 reverse stock split.
- If not compliant by Feb 10, may qualify for additional 180-day grace period if other listing standards met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282224/000107997324001246/0001079973-24-001246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282224/000107997324001246/dlpn_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-001246

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer