secwatch.observer — SEC 8-K summary
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Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001213900-24-050066
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral AI receives Nasdaq delisting notice for failing $35M market value requirement
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- Nasdaq notified Spectral AI on June 3, 2024, of non-compliance with minimum market value of listed securities ($35M).
- Company has 180 calendar days, until December 2, 2024, to regain compliance.
- Can cure if market cap closes at or above $35M for 10 consecutive business days during the period.
- If not cured, Nasdaq may grant a second 180-day period or begin delisting; appeal rights exist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024050066/0001213900-24-050066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024050066/ea0207347-8k_spectral.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-050066

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