secwatch.observer — SEC 8-K summary
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Issuer:     Motus GI Holdings, Inc. (—)
CIK:        0001686850
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0001493152-23-023983
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Motus GI receives Nasdaq delisting notice; plans appeal to hearings panel
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- Nasdaq determined company did not meet terms of extension to July 3, 2023 for stockholders' equity deficiency.
- Company had previously failed to maintain minimum $2.5M stockholders' equity under Listing Rule 5550(b)(1).
- Company intends to request a hearing before Nasdaq Hearings Panel; stay of delisting until hearing concludes.
- Delisting could impair ability to raise capital and trade stock; no assurance of compliance plan acceptance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1686850/000149315223023983/0001493152-23-023983-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1686850/000149315223023983/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-023983

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