secwatch.observer — SEC 8-K summary
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Issuer:     Orbital Infrastructure Group, Inc. (—)
CIK:        0001108967
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0001437749-23-024489
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orbital Infrastructure faces Nasdaq delisting for late Q2 filing; company not seeking stay
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- Received Nasdaq delinquency notice on Aug 18, 2023 for failure to file Q2 2023 10-Q (Rule 5250(c)(1)).
- Also still non-compliant with market value minimum of $35M (Rule 5550(b)(2)) since Dec 2022.
- Company has seven days (until Aug 25) to request a stay but states it does not intend to do so.
- Nasdaq Hearings Panel will consider both deficiencies in delisting determination.
- Common stock trades under ticker OIG on Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108967/000143774923024489/0001437749-23-024489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1108967/000143774923024489/oeg20230822_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-024489

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