secwatch.observer — SEC 8-K summary
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Issuer:     DAVIDsTEA Inc. (—)
CIK:        0001627606
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001477932-22-008098
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

DAVIDsTEA receives Nasdaq notice of non-compliance with $1 bid price rule
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- Received letter on Oct 28, 2022 for 30 consecutive business days below $1.00 per share.
- Given 180 calendar days, until April 26, 2023, to regain compliance.
- To comply, closing bid must be at least $1.00 for 10 consecutive business days.
- If not cured, may qualify for second 180-day grace period if other listing standards met.
- No immediate impact on common stock listing or trading on Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627606/000147793222008098/0001477932-22-008098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627606/000147793222008098/dtea_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-008098

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