secwatch.observer — SEC 8-K summary
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Issuer:     Cipher Digital Inc. (CIFR)
CIK:        0001819989
Form:       8-K
Filed at:   2022-12-21T23:59:59+00:00
Accession:  0001193125-22-310098
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Cipher Mining receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq letter on Dec 15, 2022 for closing below $1.00 per share for 30 consecutive business days.
- Has 180 days, until June 13, 2023, to regain compliance with minimum bid price rule.
- Compliance can be regained if bid price closes at $1.00 or more for 10 consecutive business days.
- If not compliant by June 13, may transfer to Nasdaq Capital Market and consider reverse stock split.
- No immediate effect on listing; common stock continues trading on Nasdaq under symbol CIFR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819989/000119312522310098/0001193125-22-310098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819989/000119312522310098/d403762d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-310098

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