secwatch.observer — SEC 8-K summary
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Issuer:     Getaround, Inc (—)
CIK:        0001839608
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001193125-23-086964
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Getaround reports preliminary FY2022 revenue $59-60M; receives NYSE delisting notice
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- Preliminary FY2022 revenue $59-60M; service revenue $57-58M; gross margin 85-86%.
- Cash and equivalents $64.3M; shares outstanding ~92.2M as of Dec 31, 2022.
- Received NYSE notice for avg market cap <$50M and stockholders' equity <$50M; must submit plan within 45 days.
- Also previously received NYSE notice for stock price <$1.00; cure period ongoing.
- Expects to file late 10-K; needs more time for purchase price allocation and consolidation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839608/000119312523086964/0001193125-23-086964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839608/000119312523086964/d490001d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-086964

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