secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hempacco Co., Inc. (—)
CIK:        0001892480
Form:       8-K
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0001477932-23-002412
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Hempacco receives Nasdaq notice for non-compliance with $1.00 minimum bid price
-------------------------------------------------------------------------------

- Company received Nasdaq notice on April 6, 2023, due to closing bid price below $1.00 for 30 consecutive business days.
- Has until October 3, 2023, to regain compliance; bid price must close at or above $1.00 for ten consecutive days.
- If not cured, may be eligible for additional 180-day period if it meets other listing requirements and provides reverse stock split notice.
- Delisting could reduce liquidity, limit equity financing, and impair employee incentives.
- Company is considering options to regain compliance; no immediate delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892480/000147793223002412/0001477932-23-002412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892480/000147793223002412/hpco_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-002412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer