secwatch.observer — SEC 8-K summary
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Issuer:     Cingulate Inc. (CING)
CIK:        0001862150
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001493152-23-018328
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Cingulate receives Nasdaq notice for failure to meet minimum equity requirement
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- Stockholders' equity of $81,614 as of March 31, 2023 was below Nasdaq's $2.5M minimum for continued listing.
- Company has 45 days (until June 30, 2023) to submit a plan to regain compliance with Nasdaq Rule 5550(b)(1).
- If plan accepted, Nasdaq may grant up to 180 days (until Nov 12, 2023) to regain compliance; no assurance of acceptance.
- No immediate impact on listing; common stock (CING) and warrants (CINGW) continue trading on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862150/000149315223018328/0001493152-23-018328-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862150/000149315223018328/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-018328

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