secwatch.observer — SEC 8-K summary
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Issuer:     Kaspien Holdings Inc. (—)
CIK:        0000795212
Form:       8-K
Filed at:   2022-12-15T23:59:59+00:00
Accession:  0001140361-22-045606
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Kaspien receives Nasdaq notice for non-compliance with minimum bid price rule
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- Bid price below $1.00 for 30 consecutive business days triggered deficiency notice on Dec 14, 2022.
- Company has 180 days, until June 12, 2023, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not compliant by June 2023, Kaspien may be eligible for additional 180-day cure period; otherwise delisting.
- No immediate impact on listing; stock continues trading on Nasdaq; management evaluating options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795212/000114036122045606/0001140361-22-045606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795212/000114036122045606/brhc10045449_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-045606

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