secwatch.observer — SEC 8-K summary
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Issuer:     SEACHANGE INTERNATIONAL INC (—)
CIK:        0001019671
Form:       8-K
Filed at:   2022-12-15T23:59:59+00:00
Accession:  0001193125-22-306011
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SeaChange gets Nasdaq bid-price extension, transfers to Capital Market
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- Did not regain $1.00 minimum bid price by Dec 14, 2022 initial deadline.
- Nasdaq granted additional 180-day period until June 12, 2023 to regain compliance.
- Transfer from Global Select to Capital Market approved, effective Dec 19, 2022; symbol SEAC unchanged.
- If bid price stays at $1.00+ for 10 consecutive days before deadline, Nasdaq will confirm compliance.
- Failure to cure by June 12, 2023 may lead to delisting; company can appeal to Nasdaq panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019671/000119312522306011/0001193125-22-306011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019671/000119312522306011/d403891d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-306011

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