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

Issuer:     Precipio, Inc. (PRPO)
CIK:        0001043961
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001104659-22-113021
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043961/000110465922113021/0001104659-22-113021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043961/000110465922113021/tm2229312d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-113021

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