secwatch.observer — SEC 8-K summary
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Issuer:     XWELL, Inc. (XWEL)
CIK:        0001410428
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001104659-25-050498
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

XWELL (XWEL) receives Nasdaq minimum bid price deficiency notice; cure period to Nov 10, 2025
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- Nasdaq notified XWELL on May 13, 2025 that its common stock's closing bid price was below $1.00 for 30 consecutive business days (Mar 31 - May 12, 2025).
- Company has 180 calendar days, until November 10, 2025, to regain compliance by maintaining a $1.00 closing bid for at least ten consecutive business days.
- If not compliant by Nov 10, XWELL may qualify for an additional 180-day period if it meets all other Nasdaq Capital Market initial listing standards.
- There can be no assurance of eligibility for an additional cure period or that Nasdaq will grant continued listing if delisting proceedings begin.
- The notice has no immediate impact on listing; XWELL's common stock continues to trade on Nasdaq pending compliance with other requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410428/000110465925050498/0001104659-25-050498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410428/000110465925050498/tm2515209d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-050498

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