{"schema_version":"secwatch.filing_event.v1","accession":"0001368148-23-000075","form_type":"8-K","ticker":null,"cik":"0001368148","company_name":"ATHERSYS, INC / NEW","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.713825+00:00","generated_at":"2026-06-12T21:52:47.928819+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Athersys gets Nasdaq bid-price deficiency notice; 180 days to cure","bullets":["Nasdaq notified Athersys on July 28, 2023 that its common stock closed below $1.00 for 30 consecutive business days through July 27, 2023.","Company has until January 24, 2024 to regain compliance by closing at $1.00+ for 10 consecutive trading days.","If not compliant by Jan 24, Athersys may be eligible for an additional 180-day cure period if it meets other Nasdaq listing standards.","Athersys is evaluating options including a potential reverse stock split to address the deficiency.","Failure to regain compliance could result in delisting from the Nasdaq Capital Market."],"urls":{"canonical":"https://secwatch.observer/filing/0001368148-23-000075","json":"https://secwatch.observer/filing/0001368148-23-000075.json","markdown":"https://secwatch.observer/filing/0001368148-23-000075.md","text":"https://secwatch.observer/filing/0001368148-23-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1368148/000136814823000075/0001368148-23-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1368148/000136814823000075/athx-20230728.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T21:52:47.928819+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ac32df433095b32bec5632188c8eab436739d049","claim":"ATHERSYS, INC / NEW received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"July 28, 2023, Athersys, Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”), because the closing bid price of the Company’s common stock (the “Common Stock”) was below $1.00 per share for 30 consecutive business days for the period of June 14, 2023 through July 27, 2023. The Notice does not impact the listi","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1368148/000136814823000075/0001368148-23-000075-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}