{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-025905","form_type":"8-K","ticker":"CETX","cik":"0001435064","company_name":"CEMTREX INC","filed_at":"2023-07-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.916467+00:00","generated_at":"2026-06-12T22:55:00.969213+00:00","sec_items":["3.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cemtrex Series 1 Preferred Stock faces Nasdaq delisting; hearing requested","bullets":["Nasdaq notified Cemtrex on July 25, 2023 that Series 1 Preferred Stock (CETXP) failed to regain $1.00 minimum bid price compliance by July 24, 2023.","Trading of CETXP will be suspended at the open on August 3, 2023 unless an appeal is filed; the company has requested a hearing to stay the suspension.","Hearing request fee is $20,000; deadline for request is August 1, 2023; the Panel will review a compliance plan including a possible reverse stock split.","Company intends to continue monitoring bid price and consider available options to regain compliance with Nasdaq Listing Rule 5555(a)(1)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-025905","json":"https://secwatch.observer/filing/0001493152-23-025905.json","markdown":"https://secwatch.observer/filing/0001493152-23-025905.md","text":"https://secwatch.observer/filing/0001493152-23-025905.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1435064/000149315223025905/0001493152-23-025905-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1435064/000149315223025905/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T22:55:00.969213+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6f032741fce4faa3aab182df9f5ee33b5509bc85","claim":"CEMTREX INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"July 29, 2022, Cemtrex, Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s Series 1 preferred stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer met the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). On January 26, 2023, the Compan","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1435064/000149315223025905/0001493152-23-025905-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"79476edd2dd597f6fbbb3d03fef3722b5f16329f","claim":"CEMTREX INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).","evidence_excerpt":"July 25, 2023, the Company received a Notice of Staff Determination from the Listing Qualifications Department of Nasdaq notifying the Company that its Series 1 Preferred Stock had not gained compliance and would be suspended from trading at the opening of business on August 3, 2023. The Company has requested a hearing regarding the delisting which will stay the suspension and filing of Form 25-NSE with the Securities and Exchange Commission (the “SEC”). The Company intends to continue actively monitoring the bid price for its Series 1 preferred stock between now and the hearing date and will","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1435064/000149315223025905/0001493152-23-025905-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}