secwatch.observer — SEC 8-K summary
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Issuer:     ID Auto, Inc. (—)
CIK:        0001698113
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001213900-23-067110
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE American accepts PARTS iD compliance plan; deadline Nov 2024
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- Company received notice on Aug 8 that its compliance plan was accepted by NYSE American.
- Must regain compliance with Sections 1003(a)(i) and (ii) by November 23, 2024.
- Equity thresholds: $2M (losses 2 of 3 years) or $4M (losses 3 of 4 years).
- Failure to meet plan progress or final deadline could trigger delisting.
- Stock continues trading under ID with '.BC' designation indicating non-compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698113/000121390023067110/0001213900-23-067110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698113/000121390023067110/ea183487-8k_partsidinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-067110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer