---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-017601"
form_type: "8-K"
ticker: "RGTI"
cik: "0001838359"
company_name: "Rigetti Computing, Inc."
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:22:20.553719+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rigetti Computing receives Nasdaq bid price deficiency notice; 180 days to cure

## Summary
- On Jan 25, 2023, Nasdaq notified Rigetti its common stock closing bid price was below $1.00 for 30 consecutive business days.
- Company has until July 24, 2023 to regain compliance by closing at $1.00 for at least ten consecutive business days.
- If not cured by Compliance Date, may seek additional 180-day period if it meets other listing standards; considering reverse stock split.
- Failure to cure could lead to delisting; company may appeal Nasdaq's determination to a hearings panel.
- No assurance of regaining compliance with Bid Price Rule or maintaining Nasdaq listing.

## SEC filing metadata
- accession: 0001193125-23-017601
- form_type: 8-K
- ticker: RGTI
- cik: 0001838359
- company_name: Rigetti Computing, Inc.
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838359/000119312523017601/0001193125-23-017601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838359/000119312523017601/d322620d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-017601
- JSON: https://secwatch.observer/filing/0001193125-23-017601.json
- Plain text: https://secwatch.observer/filing/0001193125-23-017601.txt

## Key facts
- Listing & Compliance Notices
  Rigetti Computing, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: January 25, 2023, Rigetti Computing, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, LLC, (“Nasdaq”), indicating that, based on the closing bid price for the previous 30 consecutive business days, the listing of the Company’s common stock was not in compliance with Nasdaq Listing Rule 5550(a)(2) to maintain a minimum bid price of $1.00 per share (the “Bid Price Rule”). Nasdaq Listing Rule 5810(c)(3)(A) provides a compliance period of 180 calendar days, or until July 24, 2023 (the “Compliance Date”), to regain compliance. If at any t
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838359/000119312523017601/0001193125-23-017601-index.htm

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