secwatch.observer — SEC 8-K summary
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Issuer:     GAXOS.AI INC. (GXAI)
CIK:        0001895618
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0001213900-23-057138
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NFT Gaming receives Nasdaq notice: bid price below $1.00 for 30 days; 180-day cure period
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- Notice from Nasdaq on July 10, 2023 for failure to meet minimum $1.00 bid price per Listing Rule 5550(a)(2).
- Company has 180 calendar days, until January 6, 2024, to regain compliance by closing at $1.00+ for ten consecutive days.
- If not compliant by Jan 6, 2024, may qualify for a second 180-day period; otherwise delisting process begins.
- Company intends to monitor bid price and may consider options to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895618/000121390023057138/0001213900-23-057138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895618/000121390023057138/ea181643-8k_nftgaming.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-057138

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