secwatch.observer — SEC 8-K summary
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Issuer:     GAXOS.AI INC. (GXAI)
CIK:        0001895618
Form:       8-K
Filed at:   2026-10-01T20:15:16+00:00
Accession:  0001213900-26-105791
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Gaxos.ai gets Nasdaq minimum bid price deficiency notice; has until March 29, 2027 to cure
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- Nasdaq notified Gaxos.ai on Sept 28, 2026 that it fails Listing Rule 5550(a)(2) after its closing bid stayed below $1.00 from Aug 14 to Sept 25, 2026.
- Company has 180 days, until March 29, 2027, to regain compliance by holding a closing bid of at least $1.00 for 10 consecutive business days.
- If it fails to cure, Nasdaq may grant a second 180-day period; otherwise Nasdaq would issue a delisting determination, which Gaxos.ai could appeal to a Hearings Panel.
- Gaxos.ai said it may implement a reverse stock split to regain compliance; shares continue trading on the Nasdaq Capital Market under 'GXAI' in the meantime.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895618/000121390026105791/0001213900-26-105791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895618/000121390026105791/ea0307360-8k_gaxos.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-105791

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