---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-173206"
form_type: "8-K"
ticker: null
cik: "0001760173"
company_name: "SURGALIGN HOLDINGS, INC."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:13:57.626764+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Surgalign receives Nasdaq delisting notice after Chapter 11 filing; trading to move to OTC

## Summary
- Nasdaq delisting effective July 3, 2023; Company does not appeal.
- Chapter 11 filed June 19, 2023 in Southern District of Texas.
- Asset purchase agreement to sell substantially all hardware and biomaterials assets; stalking horse bidder in place for Digital Health.
- Common stock expected to trade on OTC under symbol SRGAQ after delisting.

## SEC filing metadata
- accession: 0001193125-23-173206
- form_type: 8-K
- cik: 0001760173
- company_name: SURGALIGN HOLDINGS, INC.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760173/000119312523173206/0001193125-23-173206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760173/000119312523173206/d522153d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-173206
- JSON: https://secwatch.observer/filing/0001193125-23-173206.json
- Plain text: https://secwatch.observer/filing/0001193125-23-173206.txt

## Key facts
- Listing & Compliance Notices
  SURGALIGN HOLDINGS, INC. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5101, 5110(b), IM-5101-1
  source text: June 22, 2023, the Company received written notice from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Chapter 11 Cases and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the Staff had determined that the Company’s common stock will be delisted from Nasdaq. The Company does not intend to appeal this determination. Trading of the Company’s common stock will be suspended at the opening of business on July 3, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760173/000119312523173206/0001193125-23-173206-index.htm

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