secwatch.observer — SEC 8-K summary
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Issuer:     ProSomnus, Inc. (—)
CIK:        0001934064
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001104659-24-048624
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ProSomnus to be delisted from Nasdaq; trading suspended April 18, 2024
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- Nasdaq notified delisting due to noncompliance with market value ($50M) and bid price ($1.00) rules.
- Company withdrew hearing request; trading of common stock and warrants suspended at open on April 18, 2024.
- Plans to resume trading on OTC market under symbols OSAP and OSAPW; no assurance of trading continuity.
- Delisting will be effective 10 days after Nasdaq files Form 25 with the SEC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934064/000110465924048624/0001104659-24-048624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934064/000110465924048624/tm2412154d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-048624

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer