secwatch.observer — SEC 8-K summary
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Issuer:     Avalon GloboCare Corp. (ALBT)
CIK:        0001630212
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001213900-23-085256
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avalon GloboCare receives Nasdaq bid price deficiency notice; 180-day cure period to May 1, 2024
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- Nasdaq notified ALBT on Nov 3, 2023 that bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until May 1, 2024, to regain compliance by closing at $1.00+ for 10 straight days.
- If not compliant by May 1, 2024, Avalon may qualify for a second 180-day compliance period.
- Failure to regain compliance could lead to delisting; company may appeal to a Nasdaq hearings panel.
- No immediate impact on trading; management evaluating strategies to address the deficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630212/000121390023085256/0001213900-23-085256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630212/000121390023085256/ea188022-avalonglobo.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-085256

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