secwatch.observer — SEC 8-K summary
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Issuer:     Axcella Health Inc. (—)
CIK:        0001633070
Form:       8-K
Filed at:   2023-04-07T23:59:59+00:00
Accession:  0001104659-23-043171
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Axcella Health receives Nasdaq delisting notice for market value non-compliance
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- Received Nasdaq notice Apr 3, 2023 for failing $15M MVPHS and $50M MVLS continued listing requirements.
- Has 180 days until Oct 2, 2023 to regain compliance; must meet thresholds for 10 consecutive business days.
- Also has prior bid price deficiency (below $1.00) with cure deadline of June 28, 2023.
- May transfer to Nasdaq Capital Market if not cured; delisting possible if compliance not regained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633070/000110465923043171/0001104659-23-043171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633070/000110465923043171/tm2311995d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-043171

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