secwatch.observer — SEC 8-K summary
======================================

Issuer:     XWELL, Inc. (XWEL)
CIK:        0001410428
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001104659-22-112636
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

XWELL receives Nasdaq notice: bid price below $1.00 for 30 days, faces potential delisting
--------------------------------------------------------------------------------

- Received Nasdaq notice on Oct 28, 2022 for bid price below $1.00 for 30 consecutive business days.
- Stock continues trading on Nasdaq Capital Market under symbol XWEL; compliance deadline April 26, 2023.
- To regain compliance, closing bid must be at least $1.00 for ten consecutive business days before deadline.
- Eligible for additional 180-day period if other listing requirements are met and reverse split considered.
- Company monitoring bid price and may consider options, but cannot assure regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410428/000110465922112636/0001104659-22-112636-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410428/000110465922112636/tm2229244d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-112636

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