secwatch.observer — SEC 8-K summary
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Issuer:     Rezolute, Inc. (RZLT)
CIK:        0001509261
Form:       8-K
Filed at:   2023-11-22T23:59:59+00:00
Accession:  0001104659-23-120789
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rezolute receives Nasdaq delisting notice for bid price below $1.00; has until May 20, 2024 to cure
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- Nasdaq notice on Nov 21, 2023: closing bid below $1.00 for 30 consecutive trading days.
- Company has 180 days (until May 20, 2024) to regain compliance by having bid ≥$1.00 for 10 consecutive days.
- If not in compliance by May 20, 2024, may qualify for additional 180-day grace period if other listing requirements are met.
- Company is evaluating options but cannot assure compliance will be achieved.
- Delisting would materially and adversely affect Rezolute's ability to raise capital and its financial condition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1509261/000110465923120789/0001104659-23-120789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1509261/000110465923120789/tm2331358d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-120789

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