secwatch.observer — SEC 8-K summary
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Issuer:     CYANOTECH CORP (CYAN)
CIK:        0000768408
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001437749-24-004144
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq to delist Cyanotech common stock on Feb 20 after failing bid price rule
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- Nasdaq notified Cyanotech it failed to regain compliance with minimum $1.00 bid price rule; second extension denied.
- Trading suspended at open on Feb 20, 2024; Nasdaq will file Form 25-NSE to remove listing.
- Company expects stock to trade over-the-counter but no assurance given.
- Initial notice received Aug 10, 2023; 180-day compliance period expired Feb 6, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768408/000143774924004144/0001437749-24-004144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768408/000143774924004144/cyan20240212_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-004144

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