---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-076365"
form_type: "8-K"
ticker: null
cik: "0001558583"
company_name: "Arcimoto Inc"
filed_at: "2022-11-30T23:59:59+00:00"
generated_at: "2026-06-21T11:40:03.506727+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Arcimoto receives Nasdaq bid-price deficiency notice, completes reverse stock split

## Summary
- Received Nasdaq notice on Nov 23, 2022: bid price below $1.00 for 30 consecutive days, non-compliant with Listing Rule 5550(a)(2).
- Company has 180 calendar days to regain compliance; must close at $1.00+ for ten consecutive business days.
- Completed 20-for-1 reverse stock split on Nov 29, 2022, expected to cure the bid-price deficiency.

## SEC filing metadata
- accession: 0001213900-22-076365
- form_type: 8-K
- cik: 0001558583
- company_name: Arcimoto Inc
- filed_at: 2022-11-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1558583/000121390022076365/0001213900-22-076365-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1558583/000121390022076365/ea169462-8k_arcimotoinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-076365
- JSON: https://secwatch.observer/filing/0001213900-22-076365.json
- Plain text: https://secwatch.observer/filing/0001213900-22-076365.txt

## Key facts
- Listing & Compliance Notices
  Arcimoto Inc received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: Staff (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") indicating that the bid price of the Company's common stock, no par value (the "Common Stock"), had closed below $1.00 per share for 30 consecutive business days and, as a result, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which sets forth the minimum bid price requirement for continued listing (the "Minimum Bid Requirement"). Nasdaq's notice had no immediate effect on the listing of the Company's Common Stock on Nasdaq. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days to re
  evidence_url: https://www.sec.gov/Archives/edgar/data/1558583/000121390022076365/0001213900-22-076365-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.