{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-037919","form_type":"8-K","ticker":null,"cik":"0001851860","company_name":"SMART FOR LIFE, INC.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.835415+00:00","generated_at":"2026-06-03T04:42:59.139843+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Smart for Life receives Nasdaq bid price deficiency; no compliance period due to prior reverse splits","bullets":["On April 24, 2024, Nasdaq notified Smart for Life that its common stock closed below $1.00 for 30 consecutive business days, violating Bid Rule.","Due to prior reverse stock splits totaling 250:1+, the company is not eligible for a 180-day compliance period; delisting determination will be at hearings panel.","Company’s hearing was held March 12, 2024; it presented a compliance plan for equity rule and annual meeting deficiency.","Company filed Form 8-K on March 7 showing stockholders' equity over $2.5M; now estimates equity at $6M.","No assurance that Nasdaq will accept the plan or that the company will regain compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-037919","json":"https://secwatch.observer/filing/0001213900-24-037919.json","markdown":"https://secwatch.observer/filing/0001213900-24-037919.md","text":"https://secwatch.observer/filing/0001213900-24-037919.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1851860/000121390024037919/0001213900-24-037919-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1851860/000121390024037919/ea0205018-8k_smart.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:42:59.139843+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a6a63552d78213624e69aa385f6c6fdb9026a07b","claim":"SMART FOR LIFE, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"April 24, 2024. On April 24, 2024, the Company received an additional notification letter from Nasdaq notifying the Company that its securities had closed at less than $1.00 per share over the previous 30 consecutive business days, and, as a result, does not comply with Listing Rule 5550(a)(2) (the “Bid Rule”). The notification letter further stated that while a company would normally be afforded a 180-calendar day period to demonstrate compliance with the Bid Rule, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period specified in Rule 5810(c)(3)(A)","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851860/000121390024037919/0001213900-24-037919-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"bfc512e437963c22b2fa6a31b0613404844cbca9","claim":"SMART FOR LIFE, INC. received a nasdaq deficiency notice notice regarding late filing (rules 5550(a)(2), 5810(c)(3)(A)(iv)).","evidence_excerpt":"l no later than April 24, 2024. On April 24, 2024, the Company received an additional notification letter from Nasdaq notifying the Company that its securities had closed at less than $1.00 per share over the previous 30 consecutive business days, and, as a result, does not comply with Listing Rule 5550(a)(2) (the “Bid Rule”). The notification letter further stated that while a company would normally be afforded a 180-calendar day period to demonstrate compliance with the Bid Rule, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period specified in Ru","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1851860/000121390024037919/0001213900-24-037919-index.htm","confidence":0.7,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)(iv)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}