secwatch.observer — SEC 8-K summary
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Issuer:     BNB PLUS CORP. (BNBX)
CIK:        0000744452
Form:       8-K
Filed at:   2024-07-15T23:59:59+00:00
Accession:  0001104659-24-079875
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

APDN receives Nasdaq delisting notice for bid price non-compliance; plans reverse split
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- Nasdaq notified APDN on July 12, 2024, that its common stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
- APDN has 180 calendar days, until Jan 8, 2025, to regain compliance by closing at $1.00 for 10 consecutive business days.
- If non-compliance continues, APDN may request a second 180-day period by meeting other listing standards and effecting a reverse stock split.
- Company intends to implement reverse stock split as required by outstanding Series Warrants unless bid price is regained by Jan 8, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/744452/000110465924079875/0001104659-24-079875-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/744452/000110465924079875/tm2419472d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-079875

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