secwatch.observer — SEC 8-K summary
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Issuer:     Core Scientific, Inc./tx (CORZ)
CIK:        0001839341
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0001193125-22-307393
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Scientific receives Nasdaq bid price deficiency notice; stock below $1 for 30 days
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- Closing bid price of common stock (CORZ) below $1.00 for 30 consecutive business days violates Listing Rule 5450(a)(1).
- Initial compliance period ends June 12, 2023; must have bid price ≥ $1.00 for 10 consecutive days to regain compliance.
- Company may be eligible for additional 180-day grace period if it meets other listing standards and provides notice of intent to cure.
- No immediate effect on listing; company evaluating options to regain compliance but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839341/000119312522307393/0001193125-22-307393-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839341/000119312522307393/d384453d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-307393

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