secwatch.observer — SEC 8-K summary
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Issuer:     Lucy Scientific Discovery, Inc. (—)
CIK:        0001865127
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001213900-24-041389
Event type: other_material
Sentiment:  negative
Materiality: 0.95
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq to suspend trading of Lucy Scientific on May 16; CFO and director resign
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/0001213900-24-041389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865127/000121390024041389/ea0205666-8k_lucy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-041389

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer