secwatch.observer — SEC 8-K summary
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Issuer:     SMART FOR LIFE, INC. (—)
CIK:        0001851860
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001213900-23-094381
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart for Life receives Nasdaq delisting notice; equity deficiency of $951,836 vs. $2.5M minimum
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- Stockholders' equity at Sept 30, 2023 was $951,836, below the $2,500,000 minimum for Nasdaq Capital Market.
- Company is under a mandatory panel monitor until June 7, 2024, precluding a standard 180-day grace period.
- Nasdaq staff determined to delist unless Company requests a hearing; Company plans to timely appeal.
- At hearing, Company will present a plan to regain compliance and seek an extension.
- No assurance that Nasdaq will accept the plan or that compliance will be regained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851860/000121390023094381/0001213900-23-094381-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851860/000121390023094381/ea189762-8k_smartfor.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-094381

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