secwatch.observer — SEC 8-K summary
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Issuer:     IDEANOMICS, INC. (—)
CIK:        0000837852
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001104659-23-048494
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq notifies Ideanomics of delisting due to stock price below $0.10 for 10 days
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- Nasdaq determined to delist Ideanomics common stock from Nasdaq Capital Market; trading suspension effective May 1, 2023 unless hearing requested.
- Stock closed at $0.10 or less for ten consecutive trading days (April 5-19, 2023) violating Listing Rule 5550(a)(2).
- Company plans to timely file a hearing request with Nasdaq Hearings Panel to appeal determination and stay suspension.
- Prior notice of bid price deficiency; company had until May 15, 2023 to regain $1.00 minimum bid price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/837852/000110465923048494/0001104659-23-048494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/837852/000110465923048494/tm2313462-1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-048494

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