---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-023871"
form_type: "8-K"
ticker: "RAVE"
cik: "0000718332"
company_name: "RAVE RESTAURANT GROUP, INC."
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:46:23.677432+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rave Restaurant Group receives Nasdaq notice for minimum bid price non-compliance

## Summary
- Nasdaq notified Rave on June 21, 2022, that its stock failed to maintain minimum $1.00 bid price for 30 consecutive business days.
- Compliance period of 180 calendar days; must show $1.00 closing bid for 10 consecutive days by December 19, 2022.
- No immediate effect on Nasdaq Capital Market listing; company expects to regain compliance but can't guarantee.
- If not regained, common stock may be delisted from Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001140361-22-023871
- form_type: 8-K
- ticker: RAVE
- cik: 0000718332
- company_name: RAVE RESTAURANT GROUP, INC.
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/718332/000114036122023871/0001140361-22-023871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/718332/000114036122023871/brhc10039029_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-023871
- JSON: https://secwatch.observer/filing/0001140361-22-023871.json
- Plain text: https://secwatch.observer/filing/0001140361-22-023871.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.