{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-041389","form_type":"8-K","ticker":null,"cik":"0001865127","company_name":"Lucy Scientific Discovery, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.968114+00:00","generated_at":"2026-06-02T07:08:53.188647+00:00","sec_items":["3.01","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Nasdaq to suspend trading of Lucy Scientific on May 16; CFO and director resign","bullets":["Nasdaq to suspend trading of LSDI common shares on May 16, 2024 due to stockholders' equity of ~$81k, below $2.5M minimum.","Company plans to appeal delisting determination to Nasdaq Hearings Panel; hearing will stay suspension pending outcome.","Director Livio Susin resigned effective April 25, 2024; no disagreement cited.","CFO Brian Zasitko resigned effective May 17, 2024; CEO Richard Nanula remains."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-041389","json":"https://secwatch.observer/filing/0001213900-24-041389.json","markdown":"https://secwatch.observer/filing/0001213900-24-041389.md","text":"https://secwatch.observer/filing/0001213900-24-041389.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/0001213900-24-041389-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/ea0205666-8k_lucy.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:08:53.188647+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":"d429333cb71627d6b5a1d10b9ea66405a782ee8c","claim":"Lucy Scientific Discovery, Inc. received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"$2.5 million (the “ Minimum Stockholders’ Equity Requirement ”). As reported in its Form 10-Q, the Company’s stockholders’ equity as of December 31, 2023, was approximately $81,158. In addition, the Company did not meet the alternatives of market value of listed securities or net income from continuing operations as of the date of the Letter. On May 7,","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/0001213900-24-041389-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"8036006da3","claim":"Livio Susin resigned as Director at Lucy Scientific Discovery, Inc..","evidence_excerpt":"On April 25, 2024, Livio Susin, a member of the Board of Directors of the Company, resigned, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/0001213900-24-041389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"eb9f741ad5","claim":"Brian Zasitko resigned as Chief Financial Officer at Lucy Scientific Discovery, Inc..","evidence_excerpt":"On May 3, 2024, Brian Zasitko, Chief Financial Officer of the Company, resigned, effective May 17, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/0001213900-24-041389-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}