secwatch.observer — SEC 8-K summary
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Issuer:     ThermoGenesis Holdings, Inc. (—)
CIK:        0000811212
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001437749-24-012994
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ThermoGenesis receives Nasdaq notice for minimum stockholders' equity deficiency
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- Nasdaq notified ThermoGenesis of non-compliance with Listing Rule 5550(b)(1) requiring at least $2.5M in stockholders' equity.
- Company also fails alternative compliance measures (market value of listed securities or net income from continuing operations).
- ThermoGenesis has 45 days to submit a plan to regain compliance; Nasdaq may grant up to 180-day extension.
- No immediate impact on listing; company is evaluating options to address deficiency.
- If plan is rejected, stock faces delisting subject to appeal process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/811212/000143774924012994/0001437749-24-012994-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/811212/000143774924012994/thmo20240423_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-012994

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