secwatch.observer — SEC 8-K summary
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Issuer:     ATI Physical Therapy, Inc. (—)
CIK:        0001815849
Form:       8-K
Filed at:   2022-11-25T23:59:59+00:00
Accession:  0001140361-22-043124
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATI Physical Therapy receives NYSE non-compliance notice due to low share price
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- NYSE notified ATI on Nov 18, 2022 that average closing price of ATIP was below $1.00 for 30 trading days.
- Company has six months to regain compliance; may consider reverse stock split subject to stockholder approval.
- Stock will trade under symbol ATIP with '.BC' designation indicating below compliance.
- Non-compliance does not affect business operations or debt agreements.
- If not cured, NYSE may initiate suspension and delisting procedures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1815849/000114036122043124/0001140361-22-043124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1815849/000114036122043124/brhc10044592_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-043124

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