secwatch.observer — SEC 8-K summary
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Issuer:     Genprex, Inc. (GNPX)
CIK:        0001595248
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001437749-25-003490
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genprex receives Nasdaq deficiency notices for bid price and equity requirements
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- Nasdaq notified Genprex on Feb 7, 2025 that its stock closed below $1.00 for 30 consecutive business days, non-compliant with Rule 5550(a)(2).
- Company has 180 days, until Aug 6, 2025, to regain compliance by having bid price at $1.00+ for 10 consecutive days.
- On Feb 11, 2025, Staff granted extension for prior stockholders' equity deficiency; must report $2.5M equity by Q1 2025 10-Q filing due May 15, 2025.
- Company faces risk of delisting if it fails to meet either requirement; can appeal but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1595248/000143774925003490/0001437749-25-003490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1595248/000143774925003490/gnpx20250203_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003490

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