---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-310711"
form_type: "8-K"
ticker: null
cik: "0001493566"
company_name: "OTONOMY, INC."
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-21T00:00:26.469255+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Otonomy receives Nasdaq delisting notice; shares suspended Dec 23 after plan of dissolution

## Summary
- Nasdaq Stock Market suspended trading of OTIC effective at open on December 23, 2022, due to bid price below $0.10 for 10 consecutive days.
- Company previously announced a Plan of Dissolution on December 19, 2022, and withdrew from the Nasdaq hearing process on December 21.
- Otonomy expects its common stock to be quoted on the OTC Pink Market following the suspension.

## SEC filing metadata
- accession: 0001193125-22-310711
- form_type: 8-K
- cik: 0001493566
- company_name: OTONOMY, INC.
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493566/000119312522310711/0001193125-22-310711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493566/000119312522310711/d308130d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-310711
- JSON: https://secwatch.observer/filing/0001193125-22-310711.json
- Plain text: https://secwatch.observer/filing/0001193125-22-310711.txt

## Key facts
- Listing & Compliance Notices
  OTONOMY, INC. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5810(c)(3)(A)(iii)
  source text: December 22, 2022. Following the Company’s announcement of its Plan of Dissolution on December 19, 2022, the Company had further discussions with the Staff and determined that its plan would not support regaining compliance to maintain the listing of its securities on Nasdaq. On December 21, 2022, the Company notified Nasdaq of its intention to withdraw from the Nasdaq hearing process. On December 22, 2022, the Company received a letter from the Staff advising the Company that the Company’s shares would be suspended from trading on Nasdaq, effective at the open of business on December 23, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493566/000119312522310711/0001193125-22-310711-index.htm

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