secwatch.observer — SEC 8-K summary
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Issuer:     CEMTREX INC (CETX)
CIK:        0001435064
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001493152-23-002993
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cemtrex common stock (CETX) faces delisting from Nasdaq; preferred stock (CETXP) gets 180-day extension
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- Common stock (CETX) bid price below $1 for 30 days; failed to regain compliance by Jan 23, 2023 deadline.
- Nasdaq determined delisting; suspension scheduled Feb 6 unless appeal filed; company requested hearing on Mar 16, 2023.
- Series 1 preferred stock (CETXP) also non-compliant but granted additional 180 days until July 24, 2023.
- Company may effect reverse stock split to cure CETX deficiency; appeal hearing stays delisting pending Panel decision.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1435064/000149315223002993/0001493152-23-002993-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1435064/000149315223002993/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-002993

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