secwatch.observer — SEC 8-K summary
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Issuer:     Arcimoto Inc (—)
CIK:        0001558583
Form:       8-K
Filed at:   2022-11-30T23:59:59+00:00
Accession:  0001213900-22-076365
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558583/000121390022076365/0001213900-22-076365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558583/000121390022076365/ea169462-8k_arcimotoinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-076365

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