secwatch.observer — SEC 8-K summary
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Issuer:     PCB BANCORP (PCB)
CIK:        0001423869
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0001423869-25-000026
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PCB Bancorp receives Nasdaq notice for late Q1 10-Q filing; expects to regain compliance
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- Received Nasdaq notice on May 22, 2025 for failure to timely file Q1 2025 Form 10-Q under Listing Rule 5250(c)(1).
- Delay due to time needed to value Securities Purchase Option Agreement for Series C Preferred Stock issued to U.S. Treasury under ECIP.
- No immediate listing effect; 60 days until July 20, 2025 to submit compliance plan; Nasdaq may grant extension to Nov 17, 2025.
- Company expects to file Q1 10-Q prior to 60-day deadline for compliance plan submission.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1423869/000142386925000026/0001423869-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1423869/000142386925000026/pcb-20250522.htm
  HTML page:      https://secwatch.observer/filing/0001423869-25-000026

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