T Stamp Inc (IDAI): Nasdaq/NYSE listing notice — T Stamp (IDAI) receives Nasdaq deficiency letter; equity of $625K below $2.5M minimum

T Stamp Inc

Stockholders' equity reported at $625,144 as of Dec 31, 2022, below Nasdaq's $2.5M minimum requirement.
Company has until May 18, 2023 to submit a compliance plan; if accepted, Nasdaq may grant 180-day extension.
Company does not meet alternative listing standards (market value of listed securities or net income).
No immediate effect on listing; company intends to submit plan and may appeal if rejected.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

T Stamp Inc received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

(the “ Stockholders’ Equity Requirement ”). The Company’s Annual Report on Form 10-K for the year ended December 31, 2022 filed March 30, 2023 reported stockholders’ equity of $625,144, which is below the Stockholders’ Equity Requirement for continued listing on the Nasdaq Capital Market. As of the date of this Current Report on Form 8-K, the Company does not

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T Stamp Inc filing history →

Source: SEC EDGAR

accession 0001104659-23-042986

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