---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-011833"
form_type: "8-K"
ticker: "BNC"
cik: "0001482541"
company_name: "CEA Industries Inc."
filed_at: "2023-04-11T23:59:59+00:00"
generated_at: "2026-06-17T03:36:25.439959+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CEA Industries receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Nasdaq letter dated April 10, 2023, cites 30 consecutive business days of closing bid price below $1.00 per share.
- Company has 180 calendar days, until October 9, 2023, to regain compliance via $1.00+ close for 10 consecutive days.
- If non-compliant after that, may request additional 180 days by submitting a plan to Nasdaq.
- Failure to cure could lead to delisting from Nasdaq Capital Market.
- No immediate impact on listing; shares and warrants continue trading under symbols CEAD and CEADW.

## SEC filing metadata
- accession: 0001493152-23-011833
- form_type: 8-K
- ticker: BNC
- cik: 0001482541
- company_name: CEA Industries Inc.
- filed_at: 2023-04-11T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482541/000149315223011833/0001493152-23-011833-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482541/000149315223011833/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-011833
- JSON: https://secwatch.observer/filing/0001493152-23-011833.json
- Plain text: https://secwatch.observer/filing/0001493152-23-011833.txt

## Key facts
- Listing & Compliance Notices
  CEA Industries Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: April 10, 2023, CEA Industries Inc. (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business day period between February 24, 2023, through April 6, 2023, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days
  evidence_url: https://www.sec.gov/Archives/edgar/data/1482541/000149315223011833/0001493152-23-011833-index.htm

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