secwatch.observer — SEC 8-K summary
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Issuer:     Avinger Inc (—)
CIK:        0001506928
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001437749-23-015478
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Avinger receives Nasdaq delisting notice for failing stockholders' equity requirement
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- Nasdaq notified Avinger on May 18, 2023 of non-compliance with $2.5M stockholders' equity continued listing requirement.
- Company has 45 days, until July 3, 2023, to submit a plan to regain compliance with the equity requirement.
- If plan accepted, Nasdaq may grant extension up to November 14, 2023 to regain compliance; rejection could be appealed.
- Separately, Avinger also faces bid price deficiency from April 25, 2023, with compliance period ending October 23, 2023.
- Failure to meet either requirement could result in delisting from Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506928/000143774923015478/0001437749-23-015478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506928/000143774923015478/avgr20230519_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-015478

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