---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-011684"
form_type: "8-K"
ticker: "SGRP"
cik: "0001004989"
company_name: "SPAR Group, Inc."
filed_at: "2026-04-08T23:59:59+00:00"
generated_at: "2026-05-15T06:51:54.893783+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SPAR Group receives Nasdaq delisting notice for insufficient stockholders' equity

## Summary
- On April 2, 2026, Nasdaq notified SPAR that stockholders' equity of $622K is below the $2.5M minimum required for continued listing.
- The company also fails alternatives: minimum market value of listed securities ($35M) or net income from continuing operations ($500K).
- SPAR has 45 calendar days to submit a definitive plan to regain compliance; Nasdaq may grant up to 180 days extension.
- Delisting could result if SPAR fails to regain compliance within the allowed timeframe.

## SEC filing metadata
- accession: 0001437749-26-011684
- form_type: 8-K
- ticker: SGRP
- cik: 0001004989
- company_name: SPAR Group, Inc.
- filed_at: 2026-04-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004989/000143774926011684/0001437749-26-011684-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004989/000143774926011684/sgrp20260403_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-011684
- JSON: https://secwatch.observer/filing/0001437749-26-011684.json
- Plain text: https://secwatch.observer/filing/0001437749-26-011684.txt

## Source-grounded claims
- claim_id: 63fbdaffdfc6121b0a23fa7dd343bcc684e9e1c3
  claim: SPAR Group, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price.
  evidence_excerpt: received a notification letter from Nasdaq that the Company does not meet the requirement to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing on the Nasdaq Capital Market. The letter specified that because the Company’s Form 10-K for the year ended December 31, 2025, reported stockholders' equity of $622,000, the Company no longer complies with Nasdaq's Listing Rule requiring a minimum of $2,500,000 in stockholders’ equity for continued listing, and the Company currently does not satisfy the alternatives of minimum market value of listed securities of $35 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004989/000143774926011684/0001437749-26-011684-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.