secwatch.observer — SEC 8-K summary
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Issuer:     OTONOMY, INC. (—)
CIK:        0001493566
Form:       8-K
Filed at:   2022-11-18T23:59:59+00:00
Accession:  0001193125-22-289025
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Otonomy receives Nasdaq delisting notice for low bid price; intends to request hearing
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- On Nov 14, 2022, Nasdaq Staff determined to delist OTIC due to closing bid price below $0.10 for 10 consecutive days.
- The delisting is based on Nasdaq Listing Rule 5810(c)(3)(A)(iii).
- Otonomy intends to request a hearing before the Nasdaq Hearings Panel to stay delisting.
- No assurances exist that a stay or favorable decision will be granted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493566/000119312522289025/0001193125-22-289025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493566/000119312522289025/d271932d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-289025

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