secwatch.observer — SEC 8-K summary
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Issuer:     CYANOTECH CORP (CYAN)
CIK:        0000768408
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001437749-23-023349
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Cyanotech receives Nasdaq bid-price deficiency notice; 180 days to cure
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- Bid price closed below $1.00 for 30 consecutive business days as of August 10, 2023.
- Compliance period runs until February 6, 2024; could qualify for a second 180-day period.
- If not cured, Staff may delist stock; Company can appeal to Nasdaq Hearings Panel.
- No assurance of regaining compliance or maintaining other Nasdaq listing requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768408/000143774923023349/0001437749-23-023349-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768408/000143774923023349/cyan20230810_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-023349

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