---
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"
generated_at: "2026-06-12T22:55:00.969213+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Cemtrex Series 1 Preferred Stock faces Nasdaq delisting; hearing requested

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-025905
- JSON: https://secwatch.observer/filing/0001493152-23-025905.json
- Plain text: https://secwatch.observer/filing/0001493152-23-025905.txt

## Key facts
- Listing & Compliance Notices
  CEMTREX INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1435064/000149315223025905/0001493152-23-025905-index.htm
- Listing & Compliance Notices
  CEMTREX INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1435064/000149315223025905/0001493152-23-025905-index.htm

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