secwatch.observer — SEC 8-K summary
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Issuer:     Edgio, Inc. (—)
CIK:        0001391127
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001193125-23-130745
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Edgio receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq notice on April 27, 2023 for non-compliance with minimum $1.00 bid price requirement.
- Stock continues trading under EGIO on Nasdaq; 180-day compliance period ends October 25, 2023.
- To regain compliance, bid price must close at $1.00 or more for at least 10 consecutive business days.
- If not compliant by Oct 25, Edgio may qualify for a second 180-day period if it meets other listing standards.
- Failure could lead to delisting; company may appeal to Nasdaq Hearings Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391127/000119312523130745/0001193125-23-130745-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391127/000119312523130745/d255457d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-130745

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