secwatch.observer — SEC 8-K summary
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Issuer:     Aterian, Inc. (ATER)
CIK:        0001757715
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001437749-23-011673
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aterian receives Nasdaq minimum bid price deficiency notice; 180 days to cure
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- Nasdaq notified Aterian on April 24, 2023 that its common stock bid price was below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until October 23, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2).
- To regain compliance, closing bid price must be at or above $1.00 for at least 10 consecutive business days.
- If not cured by Oct 23, 2023, Nasdaq may grant a second 180-day period if other listing standards are met.
- Failure to cure could lead to delisting; Company may appeal to a Nasdaq hearings panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1757715/000143774923011673/0001437749-23-011673-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1757715/000143774923011673/ater20230427_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-011673

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