secwatch.observer — SEC 8-K summary
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Issuer:     PhenomeX Inc. (—)
CIK:        0001689657
Form:       8-K
Filed at:   2023-06-23T23:59:59+00:00
Accession:  0001104659-23-074232
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

PhenomeX receives Nasdaq notice for non-compliance with minimum bid price rule
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- Notice on June 21, 2023: bid price below $1.00 for 30 consecutive business days.
- Company has 180 days, until Dec 12, 2023, to regain compliance by closing at $1.00+ for 10 days.
- If not compliant by deadline, may transfer to Nasdaq Capital Market for an additional 180-day period.
- Company may consider a reverse stock split or other options to cure the deficiency.
- There is no immediate effect on trading; stock remains on Nasdaq Global Select Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1689657/000110465923074232/0001104659-23-074232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1689657/000110465923074232/tm2319342d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-074232

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