---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-037877"
form_type: "8-K"
ticker: null
cik: "0001934064"
company_name: "ProSomnus, Inc."
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:20:03.844736+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ProSomnus fails to regain Nasdaq MVPHS compliance; delisting risk persists

## Summary
- MVPHS remained below the required $15M threshold; compliance period expired March 18, 2024.
- Nasdaq notified company on March 19 it did not regain MVPHS compliance.
- Company will present compliance plans for MVPHS and MVLS requirements at a Nasdaq hearing.
- Also noncompliant with Nasdaq minimum bid price rule; deadline April 30, 2024.
- No assurance that the Nasdaq Panel will grant continued listing or that compliance can be regained.

## SEC filing metadata
- accession: 0001104659-24-037877
- form_type: 8-K
- cik: 0001934064
- company_name: ProSomnus, Inc.
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934064/000110465924037877/0001104659-24-037877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934064/000110465924037877/tm249573d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-037877
- JSON: https://secwatch.observer/filing/0001104659-24-037877.json
- Plain text: https://secwatch.observer/filing/0001104659-24-037877.txt

## Key facts
- Listing & Compliance Notices
  ProSomnus, Inc. received a nasdaq delisting notice notice regarding late filing (rules 5450(b)(2)(C), 5810(c)(3)(C), 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: late filing
  - Rules: 5450(b)(2)(C), 5810(c)(3)(C), 5450(a)(1)
  source text: September 21, 2023, on September 18, 2023, ProSomnus, Inc. (the “Company”) received a notification letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that it was no longer in compliance with the minimum Market Value of Publicly Held Shares (the “MVPHS”) of $15,000,000 required for continued listing on the Nasdaq Global Market, as set forth in Nasdaq Listing Rule 5450(b)(2)(C) (the “MVPHS Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), Nasdaq afforded the Company an initial complian
  evidence_url: https://www.sec.gov/Archives/edgar/data/1934064/000110465924037877/0001104659-24-037877-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.