secwatch.observer — SEC 8-K summary
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Issuer:     QUANTUM CORP /DE/ (QMCO)
CIK:        0000709283
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001193125-24-036343
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum receives second Nasdaq delinquency notice for late Q3 FY2024 10-Q
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- Notice on Feb 13, 2024 for failure to file Q3 FY2024 10-Q (quarter ended Dec 31, 2023).
- First delinquency for Q2 FY2024 (Sep 30, 2023) with exception until May 7, 2024.
- Company filed Form 12b-25 citing need to re-evaluate standalone selling price under ASC 606.
- Listing continues; Nasdaq may accept compliance plan or Company may appeal to Hearings Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709283/000119312524036343/0001193125-24-036343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709283/000119312524036343/d697756d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-036343

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