secwatch.observer — SEC 8-K summary
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Issuer:     ALLIANCE ENTERTAINMENT HOLDING CORP (AENT)
CIK:        0001823584
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0001104659-24-003327
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Alliance Entertainment receives Nasdaq bid price deficiency notice; has until July 3, 2024 to regain compliance
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- Nasdaq notified on Jan 5, 2024 that AENT's closing bid price was below $1.00 for 30 consecutive trading days.
- Company has 180 calendar days (until July 3, 2024) to achieve bid price >= $1.00 for 10 consecutive days.
- If not compliant by July 3, a second 180-day period may be available if other listing standards are met.
- From Jan 4 through Jan 11, 2024, the closing bid price has met or exceeded $1.00 per share.
- Potential cure includes reverse stock split; delisting risk remains if compliance is not regained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823584/000110465924003327/0001104659-24-003327-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823584/000110465924003327/tm242332d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-003327

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