secwatch.observer — SEC 8-K summary
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Issuer:     Neptune Wellness Solutions Inc. (—)
CIK:        0001401395
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001437749-24-006862
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Neptune Wellness delisted by Nasdaq; trading suspended March 7, seeks OTCQB listing
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- Nasdaq Hearings Panel upheld delisting; Company failed minimum bid price ($1.00) and stockholders' equity ($2.5M) rules.
- Trading of NEPT common stock suspended from Nasdaq Capital Market effective March 7, 2024.
- Company seeks to transfer trading to OTCQB Venture Market.
- Company can request review of Panel decision within 15 days (by March 20, 2024).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401395/000143774924006862/0001437749-24-006862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401395/000143774924006862/nept20240306_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-006862

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer