{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-305997","form_type":"8-K","ticker":null,"cik":"0001800682","company_name":"Cano Health, Inc.","filed_at":"2023-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.517703+00:00","generated_at":"2026-06-07T05:59:18.205519+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NYSE notifies Cano Health of non-compliance; targets $290M cost cuts by 2024","bullets":["NYSE notice due to market cap averaging ~$44M over 30 days and stockholders' deficit of ~$259.1M.","Company has 10 business days to respond and 45 days to submit a cure plan within an 18-month window.","Accelerates Transformation Plan to achieve ~$290M in cost reductions by end 2024, up from $65M previously.","Expects ~$30M in pre-tax charges in 2024 for lease exit costs and employee termination benefits.","Also exploring strategic alternatives including a potential sale of the company or its assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-305997","json":"https://secwatch.observer/filing/0001193125-23-305997.json","markdown":"https://secwatch.observer/filing/0001193125-23-305997.md","text":"https://secwatch.observer/filing/0001193125-23-305997.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1800682/000119312523305997/0001193125-23-305997-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1800682/000119312523305997/d45789d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T05:59:18.205519+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"50e68a85246cf2200d71c1704b4b9b2adb5d58f5","claim":"Cano Health, Inc. received a nyse deficiency notice notice regarding market value (rules 802.01B).","evidence_excerpt":"December 22, 2023, the New York Stock Exchange (the “ NYSE ”) notified (the “ Notice ”) Cano Health, Inc. (the “ Company ”) that that it is not in compliance with Section 802.01B of the NYSE Listed Company Manual (the “ Listing Rule ”) because the Company’s total market capitalization has been less than $50 million over a 30 trading-day period and its stockholders’ equity is less than $50 million. As described in the Notice, as of December 21, 2023, the Company’s 30 trading-day average market capitalization was approximately $44.0 million and its last reported stockholders’ deficit as of Septe","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1800682/000119312523305997/0001193125-23-305997-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nyse"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"802.01B"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}