secwatch.observer — SEC 8-K summary
======================================

Issuer:     CONTRAFECT Corp (—)
CIK:        0001478069
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0001193125-23-104190
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ContraFect granted Nasdaq listing exception; must meet $2.5M equity by June 30, 2023
--------------------------------------------------------------------------------

- Nasdaq Hearings Panel allowed continued listing subject to achieving $2.5M minimum stockholders' equity by June 30, 2023.
- Company must provide interim progress update and notify Nasdaq of any significant events during the compliance period.
- Previous non-compliance with Rule 5550(b)(1); plan submitted, denial, and appeal led to the April 12, 2023 Panel decision.
- No assurance that the company can regain compliance; Panel may reconsider the exception terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1478069/000119312523104190/0001193125-23-104190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1478069/000119312523104190/d495704d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-104190

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