secwatch.observer — SEC 8-K summary
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Issuer:     Vaxart, Inc. (VXRT)
CIK:        0000072444
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001437749-23-020716
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vaxart receives Nasdaq delisting notice for failure to maintain $1 minimum bid price
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- Received Nasdaq notice on July 21, 2023 for non-compliance with $1.00 minimum bid price rule.
- Closing bid price below $1.00 for 30 consecutive business days from June 7 to July 20, 2023.
- Has 180 calendar days, until January 17, 2024, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not cured, may be eligible for additional 180-day period if it meets other listing requirements and considers reverse stock split.
- Company states it is actively monitoring and evaluating options to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/72444/000143774923020716/0001437749-23-020716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/72444/000143774923020716/vxrt20230725_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-020716

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