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

Issuer:     Avaya Holdings Corp. (—)
CIK:        0001418100
Form:       8-K
Filed at:   2022-12-30T23:59:59+00:00
Accession:  0001418100-22-000121
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avaya receives NYSE non-compliance notice for stock price below $1.00; six-month cure period
--------------------------------------------------------------------------------

- NYSE notified Avaya on Dec 29, 2022 that avg closing price of common stock was below $1.00 over 30 consecutive trading days.
- Avaya intends to notify NYSE of intent to cure within six-month period; stock continues trading on NYSE during cure period.
- Failure to regain compliance could lead to suspension and delisting; company also cites risks addressing convertible notes maturing June 2023 and going concern.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418100/000141810022000121/0001418100-22-000121-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418100/000141810022000121/avya-20221230.htm
  HTML page:      https://secwatch.observer/filing/0001418100-22-000121

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