secwatch.observer — SEC 8-K summary
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Issuer:     VERU INC. (VERU)
CIK:        0000863894
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001193125-24-016705
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Veru receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period through July 23, 2024
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- Nasdaq notified Veru on Jan 25, 2024 that its closing bid price was below $1.00 for 30 consecutive business days.
- Company has until July 23, 2024 to regain compliance by closing at $1.00 or more for 10 consecutive trading days.
- Failure to cure may qualify for an additional 180-day period if other listing standards are met and a reverse stock split is considered.
- No immediate impact on trading; stock continues on Nasdaq Capital Market during the cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863894/000119312524016705/0001193125-24-016705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863894/000119312524016705/d746856d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-016705

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