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

Issuer:     Assertio Holdings, Inc. (ASRT)
CIK:        0001808665
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001104659-25-006756
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Assertio receives Nasdaq deficiency notice for bid price below $1.00 per share
------------------------------------------------------------------------------

- Stock closed below $1 for 32 consecutive business days; Nasdaq issued notice on Jan. 22, 2025.
- Company has 180 calendar days (until July 21, 2025) to regain compliance.
- Compliance requires bid price at $1 or more for at least 10 consecutive business days.
- If not compliant by July 21, may seek an additional 180-day extension if eligible.
- Company will monitor and may consider options, but no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808665/000110465925006756/0001104659-25-006756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808665/000110465925006756/tm254257d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-006756

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