---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-113021"
form_type: "8-K"
ticker: "PRPO"
cik: "0001043961"
company_name: "Precipio, Inc."
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:15:15.959710+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Precipio receives Nasdaq notice of non-compliance with $1.00 bid price rule

## Summary
- Closing bid price per share below $1.00 for 30 consecutive business days as of October 28, 2022.
- Nasdaq granted 180 calendar days, until April 26, 2023, to regain compliance with Bid Price Rule.
- To regain, closing bid price must be ≥ $1.00 for at least ten consecutive business days.
- If unable to cure, company may qualify for a second 180-day grace period subject to additional conditions.
- Company says it will evaluate actions including reverse stock split but cannot assure compliance.

## SEC filing metadata
- accession: 0001104659-22-113021
- form_type: 8-K
- ticker: PRPO
- cik: 0001043961
- company_name: Precipio, Inc.
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043961/000110465922113021/0001104659-22-113021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043961/000110465922113021/tm2229312d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-113021
- JSON: https://secwatch.observer/filing/0001104659-22-113021.json
- Plain text: https://secwatch.observer/filing/0001104659-22-113021.txt

## Key facts
- Listing & Compliance Notices
  Precipio, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: October 28, 2022, Precipio, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that for the past 30 consecutive business days, the closing bid price per share of its common stock was below the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market, as required by Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). As a result, the Company was notified by Nasdaq that it is not in compliance with the Bid Price Rule. Nasdaq has provided the Company with 180 calendar days, or until April 26, 2023, to regain c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043961/000110465922113021/0001104659-22-113021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.