---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-021045"
form_type: "8-K"
ticker: "MIND"
cik: "0000926423"
company_name: "MIND TECHNOLOGY, INC"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T23:30:07.559043+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MIND Technology receives Nasdaq delisting notice over bid price; plans appeal and reverse split vote

## Summary
- Nasdaq notified MIND on July 25, 2023 that it failed to regain $1 minimum bid compliance during extended period.
- Trading suspension scheduled for August 3, 2023 unless company appeals by August 1, 2023.
- Company intends to appeal to a Hearings Panel, which will stay suspension pending decision.
- Reverse stock split proposal to regain compliance will be voted on at annual meeting on August 30, 2023.
- Company had previously transferred to Nasdaq Capital Market and was granted additional 180-day compliance period.

## SEC filing metadata
- accession: 0001437749-23-021045
- form_type: 8-K
- ticker: MIND
- cik: 0000926423
- company_name: MIND TECHNOLOGY, INC
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/926423/000143774923021045/0001437749-23-021045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/926423/000143774923021045/mind20230728_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-021045
- JSON: https://secwatch.observer/filing/0001437749-23-021045.json
- Plain text: https://secwatch.observer/filing/0001437749-23-021045.txt

## Key facts
- Listing & Compliance Notices
  MIND TECHNOLOGY, INC received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(ii), 5800).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(ii), 5800
  source text: and registration on Nasdaq. The Company intends to appeal such determination by submitting a hearing request to a Hearings Panel (the “Panel”), prior to the deadline at 4:00 p.m. Eastern Time on August 1, 2023 noted in the Delisting Letter, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. Such hearing request will stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. At the hearing, the Company plans to note that at its annual meeting of stockholders, to be held on August 30, 2023 (the “2023 Annual Meeting”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/926423/000143774923021045/0001437749-23-021045-index.htm

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