secwatch / observer
8-K filed March 29, 2023, 7:59 PM ET ticker KRRO CIK 0001703647
regulatory confidence high sentiment negative materiality 0.85

Korro Bio, Inc. (KRRO): Nasdaq/NYSE listing notice — Frequency Therapeutics receives Nasdaq deficiency notice for bid price below $1; CDO departs in RIF

Korro Bio, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Carl LeBel

Chief Development Officer
KRRO · Korro Bio, Inc.
Effective
2023-03-31
Filed
March 29, 2023, 7:59 PM ET
On February 13, 2023, Carl LeBel, Ph.D., Chief Development Officer of Frequency Therapeutics, Inc. (the “Company”), was notified by the Company that his employment would be terminated on March 31, 2023 (the “Separation Date”) as part of a reduction in force that was previously announced by the Company.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Korro Bio, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange
nasdaq
Notice
deficiency notice
Deficiency
minimum bid price
Rules
5450(a)(1)
Exact text from the filing
March 28, 2023, Frequency Therapeutics, Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock, par value $ 0.001 per share (the “Common Stock”), had closed below the $1.00 per share minimum bid price requirement for continued inclusion on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). The deficiency letter has no immediate effect on the lis
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Carl LeBel was terminated as Chief Development Officer at Korro Bio, Inc..

Action
terminated
Role
Chief Development Officer
Exact text from the filing
On February 13, 2023, Carl LeBel, Ph.D., Chief Development Officer of Frequency Therapeutics, Inc. (the “Company”), was notified by the Company that his employment would be terminated on March 31, 2023 (the “Separation Date”) as part of a reduction in force that was previously announced by the Company.
View on SEC.gov

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Korro Bio, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-083653
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