secwatch.observer — SEC 8-K summary
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Issuer:     RAPID MICRO BIOSYSTEMS, INC. (RPID)
CIK:        0001380106
Form:       8-K
Filed at:   2023-09-19T23:59:59+00:00
Accession:  0001380106-23-000161
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid Micro Biosystems receives Nasdaq delisting notice over bid price below $1.00
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- Received Nasdaq deficiency notice on Sept 13, 2023; bid price below $1.00 for 30 consecutive business days ending Sept 11, 2023.
- 180-day compliance period expires March 11, 2024; must close at $1.00+ for 10 consecutive days.
- Since Sept 12, bid price has been above $1.00 for six consecutive business days through Sept 19.
- If not compliant by March 2024, may transfer to Nasdaq Capital Market for another 180-day cure period.
- No immediate delisting; company monitors and will take reasonable measures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1380106/000138010623000161/0001380106-23-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1380106/000138010623000161/rpid-20230913.htm
  HTML page:      https://secwatch.observer/filing/0001380106-23-000161

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