---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-006771"
form_type: "8-K"
ticker: "BNKK"
cik: "0001760903"
company_name: "BONK, INC."
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T11:57:21.207053+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Jupiter Wellness receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Received Nasdaq deficiency letter on March 3, 2023 for failing to maintain minimum $1.00 bid price over 30 consecutive business days.
- Has 180 calendar days, until August 30, 2023, to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not compliant, may be eligible for additional 180-day period if meets other listing standards.
- Failure to regain compliance could lead to delisting and trading on OTC Markets.
- Company intends to monitor and evaluate options, but no assurance of compliance.

## SEC filing metadata
- accession: 0001493152-23-006771
- form_type: 8-K
- ticker: BNKK
- cik: 0001760903
- company_name: BONK, INC.
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760903/000149315223006771/0001493152-23-006771-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760903/000149315223006771/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-006771
- JSON: https://secwatch.observer/filing/0001493152-23-006771.json
- Plain text: https://secwatch.observer/filing/0001493152-23-006771.txt

## Key facts
- Listing & Compliance Notices
  BONK, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: March 3, 2023, Jupiter Wellness, Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s common stock (“Common Stock”) for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”). The Notice has no i
  evidence_url: https://www.sec.gov/Archives/edgar/data/1760903/000149315223006771/0001493152-23-006771-index.htm

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