secwatch.observer — SEC 8-K summary
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Issuer:     AlerisLife Inc. (—)
CIK:        0001159281
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001104659-22-117185
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

AlerisLife receives Nasdaq notice of non-compliance with $1.00 minimum bid price rule
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- Nasdaq notification on Nov 7, 2022 that AlerisLife common stock bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 days, until May 8, 2023, to regain compliance; bid price must close at $1.00+ for 10 consecutive business days.
- If not compliant by May 8, 2023, may be eligible for a second 180-day grace period if other listing standards are met.
- Company is evaluating options to regain compliance; failure could lead to delisting from Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1159281/000110465922117185/0001104659-22-117185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1159281/000110465922117185/tm2230026d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-117185

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