secwatch.observer — SEC 8-K summary
======================================

Issuer:     Zovio Inc (—)
CIK:        0001305323
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001305323-22-000070
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Zovio receives Nasdaq delisting notice, will not appeal; stock to cease trading Nov 10
--------------------------------------------------------------------------------

- Closing bid price under $1 for 30 consecutive business days triggered Nasdaq non-compliance.
- Company elected not to appeal delisting, citing previously disclosed stockholder-approved dissolution.
- Common stock will cease trading on Nasdaq after close on November 10, 2022.
- Transfer agent instructed to close stock transfer records and discontinue recording transfers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1305323/000130532322000070/0001305323-22-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1305323/000130532322000070/zvo-20221101.htm
  HTML page:      https://secwatch.observer/filing/0001305323-22-000070

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