secwatch.observer — SEC 8-K summary
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Issuer:     Casa Systems Inc (—)
CIK:        0001333835
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001193125-24-084927
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Casa Systems to be delisted from Nasdaq on April 5 after failing bid price rule
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- Nasdaq staff notified company of delisting for non-compliance with $1 minimum bid price requirement.
- Company had 180-day grace period ending March 25, 2024, but failed to regain compliance.
- Company does not intend to appeal; trading suspension and delisting effective April 5, 2024.
- Form 25-NSE will be filed with SEC to remove securities from listing and registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333835/000119312524084927/0001193125-24-084927-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333835/000119312524084927/d816884d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-084927

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