secwatch.observer — SEC 8-K summary
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Issuer:     Steel Connect, Inc. (—)
CIK:        0000914712
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001213900-23-049275
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Steel Connect receives Nasdaq minimum bid price deficiency notice; reverse/forward split planned
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- Common stock bid price below $1.00 for 30 consecutive business days ended June 12, 2023.
- Compliance period ends December 11, 2023; must close at $1.00+ for 10 consecutive days.
- Plans 1-for-9.333 reverse/forward stock split effective June 21, 2023 to regain compliance.
- If not cured, may seek second 180-day period or face delisting appeal process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/914712/000121390023049275/0001213900-23-049275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/914712/000121390023049275/ea180387-8k_steelconnect.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-049275

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