secwatch.observer — SEC 8-K summary
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Issuer:     ID Auto, Inc. (—)
CIK:        0001698113
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001213900-23-082842
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PARTS iD receives NYSE American low-price non-compliance notice; deadline April 27, 2024
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- NYSE American notified PARTS iD on Oct 27, 2023 of non-compliance with Section 1003(f)(v) due to sustained low share price.
- Cure requires reverse stock split or price improvement by April 27, 2024; NYSE may accelerate delisting if prices are abnormally low.
- Company already under a separate equity-compliance plan accepted Aug 8, 2023, with plan period through Nov 23, 2024.
- Common stock will trade with '.BC' indicator while non-compliant; business and SEC reporting obligations unaffected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698113/000121390023082842/0001213900-23-082842-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698113/000121390023082842/ea187600-8k_partsid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-082842

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