secwatch.observer — SEC 8-K summary
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Issuer:     CONTRAFECT Corp (—)
CIK:        0001478069
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001193125-23-273553
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ContraFect receives Nasdaq delisting notice; trading suspended Nov 9 due to equity deficiency
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- Nasdaq Panel determined to delist CFRX common stock due to failure to meet $2.5M stockholders' equity requirement and no alternative compliance.
- Trading suspension effective at opening on November 9, 2023.
- Company has 15 days to request review by Listing Council; decision not yet made.
- Stock expected to be eligible for OTC trading, but no assurance of admission.
- Company previously disclosed non-compliance in August 2023; hearing did not reverse determination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1478069/000119312523273553/0001193125-23-273553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1478069/000119312523273553/d578671d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-273553

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