secwatch.observer — SEC 8-K summary
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Issuer:     Onconetix, Inc. (ONCO)
CIK:        0001782107
Form:       8-K
Filed at:   2025-05-22T23:59:59+00:00
Accession:  0001213900-25-046909
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.03, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Onconetix receives second Nasdaq delisting notice for late 10-Q; hearing set May 27
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- Received Nasdaq deficiency notice May 20 for failure to timely file Q1 2025 10-Q, adding to existing non-compliance for late 10-K.
- Company also faces delisting due to bid price below $0.10 for 10 consecutive days; hearing before Nasdaq Panel scheduled May 27.
- Issued $294,117.65 promissory note to Keystone Capital Partners with OID of $44,117.65; due Feb 2026 or upon equity line proceeds.
- No assurance Panel will grant stay; stock delisting would follow if unfavorable decision.
- Company intends to file 10-K and 10-Q as promptly as possible to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1782107/000121390025046909/0001213900-25-046909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1782107/000121390025046909/ea0243287-8k_onconetix.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-046909

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