secwatch.observer — SEC 8-K summary
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Issuer:     ShiftPixy, Inc. (—)
CIK:        0001675634
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001477932-23-007730
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ShiftPixy receives Nasdaq delisting notice for shareholder approval lapse; cures with warrant amendment
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- Nasdaq Staff notified ShiftPixy of non-compliance with Listing Rule 5635(d)(1) for private placement closing Oct. 10, 2023.
- Private placement issued 2,265,000 units (common + warrants) representing 37% of pre-transaction shares at $1.10, below $1.27 Minimum Price.
- Company amended warrants to increase exercise price from $1.10 to $1.271 and extended holder’s right to purchase 50% of future offerings until June 2, 2025.
- Amendment restored compliance; no further Staff action required at this time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1675634/000147793223007730/0001477932-23-007730-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1675634/000147793223007730/pixy_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-007730

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