---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-069152"
form_type: "8-K"
ticker: "DRTTF"
cik: "0001340476"
company_name: "DIRTT ENVIRONMENTAL SOLUTIONS LTD"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:16:48.713001+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# DIRTT gets 180-day extension to meet Nasdaq bid price rule; shares transferred to Capital Market

## Summary
- Nasdaq granted additional 180 days, until Sep 5, 2023, to regain compliance with minimum $1.00 bid price for 10 consecutive business days.
- Common shares transferred to Nasdaq Capital Market effective March 9, 2023.
- Company may consider a reverse stock split to cure the bid price deficiency.
- Business operations and customer commitments remain unaffected per company statement.

## SEC filing metadata
- accession: 0001193125-23-069152
- form_type: 8-K
- ticker: DRTTF
- cik: 0001340476
- company_name: DIRTT ENVIRONMENTAL SOLUTIONS LTD
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1340476/000119312523069152/0001193125-23-069152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1340476/000119312523069152/d472201d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-069152
- JSON: https://secwatch.observer/filing/0001193125-23-069152.json
- Plain text: https://secwatch.observer/filing/0001193125-23-069152.txt

## Key facts
- Listing & Compliance Notices
  DIRTT ENVIRONMENTAL SOLUTIONS LTD received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: March 7, 2023, Nasdaq notified the Company in writing that while the Company had not regained compliance with the Bid Price Rule, it was eligible for an additional 180 calendar day period, or until September 5, 2023, to regain compliance with the Bid Price Rule. Nasdaq’s determination was based on the Company having met the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Bid Price Rule, and on the Company’s written notice to Nasdaq of its intention to cure th
  evidence_url: https://www.sec.gov/Archives/edgar/data/1340476/000119312523069152/0001193125-23-069152-index.htm

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