secwatch.observer — SEC 8-K summary
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Issuer:     Volta Inc. (—)
CIK:        0001819584
Form:       8-K
Filed at:   2022-11-25T23:59:59+00:00
Accession:  0001213900-22-075296
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Volta receives NYSE delisting notice for share price below $1.00 over 30 days
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- Notice received Nov 23, 2022; average closing price of VLTA common stock below $1.00 for 30 consecutive trading days.
- Company has six-month cure period; can regain compliance if closing price ≥$1.00 on last trading day of any month and 30-day average ≥$1.00.
- Intends to consider reverse stock split requiring stockholder approval at next annual meeting if needed.
- Shares continue trading on NYSE during cure period; no immediate delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819584/000121390022075296/0001213900-22-075296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819584/000121390022075296/ea169297-8k_voltainc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-075296

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