---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-025434"
form_type: "8-K"
ticker: null
cik: "0001750153"
company_name: "Canoo Inc."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:07:26.945884+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Canoo receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Received Nasdaq notice on March 27, 2023, for bid price below $1.00 for 30 consecutive days.
- Has until September 25, 2023 to regain compliance with $1.00 minimum bid price for 10 consecutive days.
- If not compliant, may transfer to Nasdaq Capital Market for an additional 180-day grace period.
- Management considering options; no immediate effect on listing.

## SEC filing metadata
- accession: 0001213900-23-025434
- form_type: 8-K
- cik: 0001750153
- company_name: Canoo Inc.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750153/000121390023025434/0001213900-23-025434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750153/000121390023025434/ea176232-8k_canooinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-025434
- JSON: https://secwatch.observer/filing/0001213900-23-025434.json
- Plain text: https://secwatch.observer/filing/0001213900-23-025434.txt

## Key facts
- Listing & Compliance Notices
  Canoo Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: March 27, 2023, Canoo, Inc. (the “ Company ”) received a written notice (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that, because the closing bid price for the Company’s common stock has fallen below $1.00 per share for 30 consecutive business days (February 9, 2023 through March 24, 2023), the Company no longer complies with the $1.00 Minimum Bid Price requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Select Market (the “ Bid Price Requirement ”). The Notice has no immediate
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750153/000121390023025434/0001213900-23-025434-index.htm

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