secwatch.observer — SEC 8-K summary
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Issuer:     RAPID MICRO BIOSYSTEMS, INC. (RPID)
CIK:        0001380106
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001380106-24-000014
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid Micro Biosystems receives Nasdaq delisting notice for bid price below $1.00
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- Nasdaq notified RPID on Feb 2, 2024, that bid price closed below $1.00 for 30 consecutive business days (Dec 18, 2023 - Feb 1, 2024).
- Company has 180 calendar days, until July 31, 2024, to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not cured by July 31, RPID may transfer to Nasdaq Capital Market for an additional 180-day compliance period.
- Failure to regain compliance could result in delisting from Nasdaq; no immediate effect on listing.
- RPID intends to monitor bid price and take measures to regain compliance, but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1380106/000138010624000014/0001380106-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1380106/000138010624000014/rpid-20240202.htm
  HTML page:      https://secwatch.observer/filing/0001380106-24-000014

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