---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-016275"
form_type: "8-K"
ticker: null
cik: "0001558583"
company_name: "Arcimoto Inc"
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:03:09.462446+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Arcimoto receives Nasdaq notice for stockholders' equity below $10M minimum

## Summary
- On Feb 21, 2024, Nasdaq notified Arcimoto that stockholders' equity fell below $10M, violating Listing Rule 5450(b)(1)(A).
- Company has 45 calendar days to submit a plan to regain compliance; Nasdaq may grant up to 180-day extension.
- Alternatively, Arcimoto may transfer to Nasdaq Capital Market by submitting Transfer Application and $5,000 fee.
- No immediate effect on listing; company intends to submit a plan to regain compliance.

## SEC filing metadata
- accession: 0001213900-24-016275
- form_type: 8-K
- cik: 0001558583
- company_name: Arcimoto Inc
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1558583/000121390024016275/0001213900-24-016275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1558583/000121390024016275/ea0200568-8k_arcimoto.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-016275
- JSON: https://secwatch.observer/filing/0001213900-24-016275.json
- Plain text: https://secwatch.observer/filing/0001213900-24-016275.txt

## Key facts
- Listing & Compliance Notices
  Arcimoto Inc received a nasdaq noncompliance notice notice regarding stockholders equity (rules 5450(b)(1)(A)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: stockholders equity
  - Rules: 5450(b)(1)(A)
  source text: February 21, 2024, Arcimoto, Inc. (the “Company”) received a letter from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the stockholders’ equity had fallen below $10,000,000 and, as a result, the Company is not in compliance with Nasdaq Listing Rule 5450(b)(1)(A). Nasdaq’s notice has no immediate effect on the listing of the Company’s Common Stock on Nasdaq. The Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from February 21, 2024 to e
  evidence_url: https://www.sec.gov/Archives/edgar/data/1558583/000121390024016275/0001213900-24-016275-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.