secwatch.observer — SEC 8-K summary
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Issuer:     Arcimoto Inc (—)
CIK:        0001558583
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001213900-24-016275
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1558583/000121390024016275/0001213900-24-016275-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1558583/000121390024016275/ea0200568-8k_arcimoto.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-016275

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