secwatch.observer — SEC 8-K summary
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Issuer:     ADDENTAX GROUP CORP. (ATXG)
CIK:        0001650101
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001493152-23-021738
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Addentax receives Nasdaq delisting notice for bid price below $1.00
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- Nasdaq notified Addentax on June 15, 2023 that its common stock bid price was below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until December 12, 2023) to regain compliance by closing at $1.00 for 10 consecutive business days.
- If non-compliant by Dec. 12, may be eligible for an additional 180-day grace period subject to meeting other listing standards and curing deficiency.
- Shares continue trading under symbol 'ATXG' on Nasdaq during the compliance period; delisting is not immediate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650101/000149315223021738/0001493152-23-021738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650101/000149315223021738/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-021738

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