---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-099978"
form_type: "8-K"
ticker: null
cik: "0001760173"
company_name: "SURGALIGN HOLDINGS, INC."
filed_at: "2023-04-13T23:59:59+00:00"
generated_at: "2026-06-17T02:43:21.783610+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Surgalign receives Nasdaq deficiency letter for failing minimum stockholders' equity requirement

## Summary
- Received deficiency letter on April 10, 2023 for non-compliance with $10M minimum stockholders' equity rule.
- Must submit compliance plan by May 25, 2023; possible extension to October 7, 2023 if plan accepted.
- Common stock continues trading on Nasdaq Global Select Market under SRGA; no immediate delisting.
- No assurance of regaining compliance; failure could lead to delisting.

## SEC filing metadata
- accession: 0001193125-23-099978
- form_type: 8-K
- cik: 0001760173
- company_name: SURGALIGN HOLDINGS, INC.
- filed_at: 2023-04-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760173/000119312523099978/0001193125-23-099978-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760173/000119312523099978/d477577d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-099978
- JSON: https://secwatch.observer/filing/0001193125-23-099978.json
- Plain text: https://secwatch.observer/filing/0001193125-23-099978.txt

## Key facts
- Listing & Compliance Notices
  SURGALIGN HOLDINGS, INC. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5450(b)(1)(A), 5450(b)(2), 5450(b)(3)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5450(b)(1)(A), 5450(b)(2), 5450(b)(3)
  source text: April 10, 2023, Surgalign Holdings, Inc. (the “Company”) received a deficiency letter (the “Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum stockholders’ equity requirement for continued listing set forth in Nasdaq Listing Rule 5450(b)(1)(A). Nasdaq Listing Rule 5450(b)(1)(A) requires listed companies to maintain stockholders’ equity of at least $10,000,000 (the “Stockholders’ Equity Requirement”). The Staff further indicated that, as of the date of the Letter, the Co
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760173/000119312523099978/0001193125-23-099978-index.htm

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