secwatch.observer — SEC 8-K summary
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Issuer:     BIO KEY INTERNATIONAL INC (BKYI)
CIK:        0001019034
Form:       8-K
Filed at:   2023-01-13T23:59:59+00:00
Accession:  0001437749-23-001055
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

BIO-key International receives Nasdaq notice: bid price below $1 for 30 days, faces delisting risk
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- Nasdaq notified BIO-key on Jan 12, 2023, that bid price was under $1 for 30 consecutive days.
- Company has 180 days, until July 11, 2023, to regain compliance by closing at $1 for 10 days.
- If not compliant by July 11, BIO-key may qualify for an additional 180-day cure period.
- Options to cure include a reverse stock split; trading is unaffected for now.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019034/000143774923001055/0001437749-23-001055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019034/000143774923001055/bkyi20230113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-001055

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