secwatch.observer — SEC 8-K summary
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Issuer:     Fresh2 Group Ltd (—)
CIK:        0001786511
Form:       8-K
Filed at:   2024-01-29T23:59:59+00:00
Accession:  0001213900-24-007478
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Fresh2 Group receives Nasdaq deficiency notice for bid price below $1; 180-day cure period to July 24, 2024
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- Received Nasdaq deficiency notice on Jan 26, 2024 for failing to maintain minimum $1 bid price for 30 consecutive business days.
- Initial compliance period of 180 calendar days, until July 24, 2024, to regain compliance.
- To regain compliance, ADS closing bid price must be at least $1.00 for 10 consecutive business days before deadline.
- If not cured by July 24, company may qualify for additional 180-day period subject to other listing standards.
- Company intends to monitor bid price and consider options including reverse stock split if necessary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786511/000121390024007478/0001213900-24-007478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786511/000121390024007478/ea192424-8k_fresh2group.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-007478

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