secwatch.observer — SEC 8-K summary
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Issuer:     YUNHONG GREEN CTI LTD. (YHGJ)
CIK:        0001042187
Form:       8-K
Filed at:   2022-03-11T23:59:59+00:00
Accession:  0001437749-22-005945
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Yunhong CTI receives Nasdaq bid-price deficiency notice; annual meeting extension granted
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- Nasdaq notified on March 8, 2022 that CTIB failed to maintain $1.00 minimum bid for 30 consecutive business days.
- Company has 180 calendar days, until September 5, 2022, to regain compliance by closing at $1.00+ for 10 consecutive days.
- Also received extension until June 17, 2022 to hold annual meeting, addressing prior non-compliance with Listing Rule 5620.
- Failure to cure either deficiency could result in delisting of CTIB common stock from Nasdaq.
- Company intends to monitor bid price and hold annual meeting by the respective deadlines.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042187/000143774922005945/0001437749-22-005945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042187/000143774922005945/ctib20220310_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-005945

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