secwatch.observer — SEC 8-K summary
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Issuer:     Neuronetics, Inc. (STIM)
CIK:        0001227636
Form:       8-K
Filed at:   2024-10-04T23:59:59+00:00
Accession:  0001193125-24-233128
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Neuronetics gets Nasdaq deficiency notice for bid price below $1.00; 180-day cure period
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- Received Nasdaq letter on Oct 3, 2024; stock closed below $1.00 for 30 consecutive business days.
- Must regain compliance by April 1, 2025; cure by closing at $1.00+ for 10 consecutive business days.
- If not cured, may transfer to Nasdaq Capital Market for second 180-day compliance period.
- Company considering available options, including a reverse stock split, to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1227636/000119312524233128/0001193125-24-233128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1227636/000119312524233128/d828800d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-233128

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