---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-041560"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2024-09-20T23:59:59+00:00"
generated_at: "2026-05-31T02:45:21.756436+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CarParts.com receives Nasdaq deficiency notice for bid price below $1 for 30 days

## Summary
- Received Nasdaq letter on Sept 18, 2024 for non-compliance with Rule 5450(a)(1) due to bid price below $1 for 30 consecutive days.
- Has 180 calendar days until March 17, 2025 to regain compliance by closing at $1 or more for 10 consecutive business days.
- If not compliant by deadline, may qualify for additional 180-day period if transfer to Nasdaq Capital Market and meet other conditions.
- Company will monitor bid price and consider options, including reverse stock split, but no assurance of regaining compliance.

## SEC filing metadata
- accession: 0001140361-24-041560
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2024-09-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378950/000114036124041560/0001140361-24-041560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000114036124041560/ef20036029_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-041560
- JSON: https://secwatch.observer/filing/0001140361-24-041560.json
- Plain text: https://secwatch.observer/filing/0001140361-24-041560.txt

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