---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019261"
form_type: "8-K"
ticker: "TOFB"
cik: "0000730349"
company_name: "TOFUTTI BRANDS INC"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T13:38:18.095821+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Tofutti receives OTC Markets delisting notice for market cap below $5M

## Summary
- On May 22, 2023, Tofutti received notice from OTC Markets that its market cap fell below $5M for 30 consecutive days, violating OTCQX continued listing rules.
- The company has a 180-day cure period ending November 20, 2023 to regain compliance.
- To regain compliance, market cap must stay at or above $5M for 10 consecutive trading days within the cure period.
- Tofutti may also seek a transfer to the OTCQB market if compliance is not restored.

## SEC filing metadata
- accession: 0001493152-23-019261
- form_type: 8-K
- ticker: TOFB
- cik: 0000730349
- company_name: TOFUTTI BRANDS INC
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/730349/000149315223019261/0001493152-23-019261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/730349/000149315223019261/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019261
- JSON: https://secwatch.observer/filing/0001493152-23-019261.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019261.txt

## Key facts
- Listing & Compliance Notices
  TOFUTTI BRANDS INC received a otc deficiency notice notice regarding market value.
  - Exchange: otc
  - Notice: deficiency notice
  - Deficiency: market value
  source text: May 22, 2023 the Registrant received a notice from the OTC Markets Group indicating that the Registrant no longer meets the Standards for Continued Qualification for the OTCQX U.S. tier as per the OTCX Rules for U.S. Companies (Version 8.6) section 3.2.b.2. Specifically, the Registrant’s market capitalization has stayed below $5 million for the past 30 consecutive calendar days. The Registrant has a cure period of 180 calendar days, expiring November 20, 2023, to regain compliance. In order to regain compliance, the Registrant’s market capitalization must stay at or above $5 million for 10 con
  evidence_url: https://www.sec.gov/Archives/edgar/data/730349/000149315223019261/0001493152-23-019261-index.htm

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