---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-026879"
form_type: "8-K"
ticker: "BTCY"
cik: "0001630113"
company_name: "BIOTRICITY INC."
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:02:37.716325+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Biotricity receives Nasdaq deficiency letter for MVLS below $35M minimum

## Summary
- On Aug 1, 2023, Biotricity received Nasdaq notice: MVLS < $35M for 30 consecutive business days.
- No immediate delisting effect; company has 180 days (until Jan 29, 2024) to regain compliance.
- To regain compliance, MVLS must close at ≥ $35M for a minimum of 10 consecutive business days.
- Company intends to monitor market value and may consider available options.

## SEC filing metadata
- accession: 0001493152-23-026879
- form_type: 8-K
- ticker: BTCY
- cik: 0001630113
- company_name: BIOTRICITY INC.
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630113/000149315223026879/0001493152-23-026879-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630113/000149315223026879/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-026879
- JSON: https://secwatch.observer/filing/0001493152-23-026879.json
- Plain text: https://secwatch.observer/filing/0001493152-23-026879.txt

## Key facts
- Listing & Compliance Notices
  BIOTRICITY INC. received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5550(b)(2)
  source text: August 1, 2023, Biotricity Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below the $35 million minimum requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2) (the “MVLS Requirement”). The notification received has no immediate effect on the Company’s Nasdaq listing. In accordance with Nasdaq rules, the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1630113/000149315223026879/0001493152-23-026879-index.htm

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