secwatch.observer — SEC 8-K summary
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Issuer:     REGIONAL HEALTH PROPERTIES, INC (RHEP)
CIK:        0001004724
Form:       8-K
Filed at:   2023-07-06T23:59:59+00:00
Accession:  0001493152-23-023826
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Health Properties receives second NYSE American deficiency notice for equity below $2M
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- Shareholders' equity was about $1.8M as of March 31, 2023, below the $2M threshold.
- Company also previously failed Section 1003(a)(ii) ($4M equity requirement) and submitted a compliance plan.
- Plan deadline to regain compliance is November 10, 2024; shares trade with .BC indicator.
- If plan is not accepted or progress lacking, delisting proceedings may commence.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004724/000149315223023826/0001493152-23-023826-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004724/000149315223023826/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-023826

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