---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-011052"
form_type: "8-K"
ticker: null
cik: "0001506928"
company_name: "Avinger Inc"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T12:39:54.424865+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Avinger receives Nasdaq deficiency notice for bid price below $1 per share

## Summary
- Bid price of common stock below $1 for 30 consecutive business days as of April 25, 2023.
- Company has 180 calendar days, until October 23, 2023, to regain compliance.
- To regain compliance, bid price must close at $1 or more for at least ten consecutive business days.
- If not cured, company may be eligible for additional 180-day period if it meets other listing standards.
- Notice has no immediate effect on listing; company is monitoring and considering options including reverse stock split.

## SEC filing metadata
- accession: 0001437749-23-011052
- form_type: 8-K
- cik: 0001506928
- company_name: Avinger Inc
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506928/000143774923011052/0001437749-23-011052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506928/000143774923011052/avgr20230425_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-011052
- JSON: https://secwatch.observer/filing/0001437749-23-011052.json
- Plain text: https://secwatch.observer/filing/0001437749-23-011052.txt

## Key facts
- Listing & Compliance Notices
  Avinger Inc received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: April 25, 2023, Avinger, Inc. (the “Company”), received a letter from the Listing Qualifications Department of The NASDAQ Stock Market, LLC (“Nasdaq”) notifying the Company that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the minimum bid price for the Company’s listed securities was less than $1 for the previous 30 consecutive business days. The Company has a period of 180 calendar days, or until October 23, 2023, to regain compliance with the rule referred to in this paragraph. To regain compliance, the bid price of the Company’s common stock must close at $1 or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506928/000143774923011052/0001437749-23-011052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.