---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-006937"
form_type: "8-K"
ticker: null
cik: "0001675634"
company_name: "ShiftPixy, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:55:49.949768+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ShiftPixy receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period

## Summary
- Notice from Nasdaq on Sept 15, 2023: bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until March 13, 2024, to regain compliance.
- If bid price closes at $1.00+ for 10 consecutive days, compliance confirmed.
- If not cured by deadline, may get 180-day extension if other listing standards met.
- Failure to cure may lead to delisting; stock could be at risk if bid price falls to $0.10 or less for 10 days.

## SEC filing metadata
- accession: 0001477932-23-006937
- form_type: 8-K
- cik: 0001675634
- company_name: ShiftPixy, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675634/000147793223006937/0001477932-23-006937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675634/000147793223006937/pixy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-006937
- JSON: https://secwatch.observer/filing/0001477932-23-006937.json
- Plain text: https://secwatch.observer/filing/0001477932-23-006937.txt

## Key facts
- Listing & Compliance Notices
  ShiftPixy, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: September 15, 2023, ShiftPixy, Inc. (the “Company”) received a letter from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), which notifies the Company that, for the previous 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq’s Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The notification of noncompliance has no immediate effect on the listing or trading of the Company’s commo
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675634/000147793223006937/0001477932-23-006937-index.htm

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