secwatch.observer — SEC 8-K summary
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Issuer:     DAILY JOURNAL CORP (DJCO)
CIK:        0000783412
Form:       8-K
Filed at:   2023-12-01T23:59:59+00:00
Accession:  0001437749-23-033328
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Charlie Munger's death leaves Daily Journal audit committee short of Nasdaq minimum
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- Charles T. Munger passed away Nov 28, 2023; he was a director and audit committee member.
- Audit committee now has only two members, violating Nasdaq requirement for at least three.
- Company has cure period until May 26, 2024 (next annual meeting ~Feb 14, 2024) to fill vacancy.
- Company plans to appoint a qualified individual to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783412/000143774923033328/0001437749-23-033328-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783412/000143774923033328/djco20231130_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-033328

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