{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-021166","form_type":"8-K","ticker":"SMSI","cik":"0000948708","company_name":"SMITH MICRO SOFTWARE, INC.","filed_at":"2025-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.914736+00:00","generated_at":"2026-05-18T23:13:44.014032+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.72,"calibrated_materiality_score":0.72,"confidence":"high","headline":"Smith Micro receives Nasdaq delisting notice for bid price below $1.00","bullets":["Nasdaq letter on June 23, 2025 cites non-compliance with $1.00 minimum bid price for 30 consecutive days.","Initial 180-day cure period runs to December 22, 2025; compliance requires $1.00 close for 10 days.","If not cured, may qualify for second 180-day period if other listing standards are met.","Company will monitor and evaluate options but cannot assure regaining compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-021166","json":"https://secwatch.observer/filing/0001437749-25-021166.json","markdown":"https://secwatch.observer/filing/0001437749-25-021166.md","text":"https://secwatch.observer/filing/0001437749-25-021166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/948708/000143774925021166/0001437749-25-021166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/948708/000143774925021166/smsi20250624_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T23:13:44.014032+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"20d83e1511994d97a510123bcaefe0c20e8ca2f3","claim":"SMITH MICRO SOFTWARE, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"June 23, 2025, Smith Micro Software, Inc. (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market (“Nasdaq”) indicating that as a result of the closing bid price of the Company’s common stock (“Common Stock”) for the last 30 consecutive business days having been below the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) the Company was not in compliance with the Minimum Bid Price Requirement (the “Minimum Bid Price Notice”). The Minim","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/948708/000143774925021166/0001437749-25-021166-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}