secwatch.observer — SEC 8-K summary
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Issuer:     Motus GI Holdings, Inc. (—)
CIK:        0001686850
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001493152-23-011021
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Motus GI receives Nasdaq delisting notice for bid price non-compliance; cure period to Sept 27, 2023
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- Received Nasdaq notice on March 31, 2023 for failing to maintain $1.00 minimum bid price over 30 consecutive business days.
- Has 180 calendar days, until September 27, 2023, to regain compliance.
- Compliance requires closing bid price at or above $1.00 for at least ten consecutive business days.
- If not cured, may seek additional 180-day period by meeting other listing requirements and effecting reverse stock split.
- Company is evaluating options to regain compliance; no immediate delisting effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1686850/000149315223011021/0001493152-23-011021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1686850/000149315223011021/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-011021

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