secwatch.observer — SEC 8-K summary
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Issuer:     Near Intelligence, Inc. (—)
CIK:        0001826671
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001213900-23-078800
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq notifies Near Intelligence of bid price, MVPHS, and MVLS deficiencies; 180-day cure period
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- Received deficiency notices on Sept 18-19, 2023 for bid price (<$1.00), MVPHS (<$15M), and MVLS (<$50M).
- Company has 180 calendar days (until March 18, 2024) to regain compliance on each requirement.
- Appointed Sherman Edmiston III as Class I director and Richard J. Salute as Class III director, effective Sept 19, 2023.
- New directors receive standard compensation: $96K annual cash retainer and RSU awards; Salute gets extra $20K for audit chair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826671/000121390023078800/0001213900-23-078800-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826671/000121390023078800/ea185615-8k_nearintell.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-078800

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