secwatch.observer — SEC 8-K summary
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Issuer:     Cuentas Inc. (CUEN)
CIK:        0001424657
Form:       8-K
Filed at:   2022-12-23T23:59:59+00:00
Accession:  0001213900-22-082619
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cuentas receives Nasdaq delisting notice for bid price non-compliance; intends to request hearing
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- Received Nasdaq delisting notice on Dec 20, 2022 for failure to maintain minimum $1 bid price for 30 consecutive days.
- Company to timely request a hearing before Nasdaq Hearings Panel; hearing stay suspends delisting pending outcome.
- If delisted, common stock (CUEN) and warrants (CUENW) would trade on OTC market.
- No assurance that Panel will grant extension or that compliance will be regained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424657/000121390022082619/0001213900-22-082619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424657/000121390022082619/ea170848-8k_cuentas.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-082619

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