---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-029429"
form_type: "8-K"
ticker: null
cik: "0001886799"
company_name: "Bright Green Corp"
filed_at: "2023-08-18T23:59:59+00:00"
generated_at: "2026-06-11T07:08:17.877089+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bright Green receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Nasdaq notified Bright Green on Aug 16, 2023, that its closing bid price was below $1.00 for 30 consecutive business days.
- Company has 180 days, until Feb 12, 2024, to regain compliance with minimum bid price requirement.
- To regain compliance, stock must close at $1.00 or higher for at least 10 consecutive business days.
- If not compliant by Feb 12, Bright Green may apply for an additional 180-day compliance period.
- Company is evaluating options including a possible reverse stock split to cure the deficiency.

## SEC filing metadata
- accession: 0001493152-23-029429
- form_type: 8-K
- cik: 0001886799
- company_name: Bright Green Corp
- filed_at: 2023-08-18T23:59:59+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/1886799/000149315223029429/0001493152-23-029429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1886799/000149315223029429/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-029429
- JSON: https://secwatch.observer/filing/0001493152-23-029429.json
- Plain text: https://secwatch.observer/filing/0001493152-23-029429.txt

## Key facts
- Listing & Compliance Notices
  Bright Green Corp 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: August 16, 2023, Bright Green Corporation (the “Company”) received a written notification (the “Notice Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price for the Company’s common stock was below the $1.00 per share requirement for the last 30 consecutive business days. The Notice Letter stated that the Company has 180 calendar days, or until February 12, 2024 (the “Initial Compliance Period”), to regain compliance with the minimum bid price requirement. If the Company does not rega
  evidence_url: https://www.sec.gov/Archives/edgar/data/1886799/000149315223029429/0001493152-23-029429-index.htm

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