secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cytosorbents Corp (CTSO)
CIK:        0001175151
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0001104659-24-064300
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

CytoSorbents receives Nasdaq delisting notice for bid price below $1.00
-----------------------------------------------------------------------

- Received Nasdaq notice on May 20, 2024 for non-compliance with Minimum Bid Price Requirement.
- Has 180 calendar days, until November 16, 2024, to regain compliance.
- To regain compliance, closing bid price must be $1.00 or more for 10 consecutive business days.
- If not compliant by deadline, Nasdaq will provide delisting notice; Company may appeal.
- Company intends to monitor and consider options, but no assurance of compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175151/000110465924064300/0001104659-24-064300-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175151/000110465924064300/tm2415106d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-064300

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