secwatch.observer — SEC 8-K summary
======================================

Issuer:     OTONOMY, INC. (—)
CIK:        0001493566
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001193125-22-310711
Event type: regulatory
Sentiment:  negative
Materiality: 0.95
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493566/000119312522310711/0001193125-22-310711-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493566/000119312522310711/d308130d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-310711

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer