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

Issuer:     Minerva Neurosciences, Inc. (NERV)
CIK:        0001598646
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001193125-23-159827
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Minerva Neurosciences receives Nasdaq delisting determination; intends to request hearing
--------------------------------------------------------------------------------

- Received second Nasdaq notice on May 31 for continued non-compliance with minimum Market Value of Listed Securities ($35M).
- Failed to regain compliance by May 30, 2023 deadline; Nasdaq staff determined to delist.
- Company intends to request a hearing before Nasdaq Hearings Panel to stay delisting action.
- Panel may grant extension up to November 27, 2023; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598646/000119312523159827/0001193125-23-159827-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598646/000119312523159827/d694199d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-159827

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