secwatch.observer — SEC 8-K summary
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Issuer:     RenovoRx, Inc. (RNXT)
CIK:        0001574094
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0001493152-23-030228
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

RenovoRx receives Nasdaq delisting notice for equity below $2.5M minimum
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- Stockholders' equity of $1,188,000 as of June 30, 2023, below Nasdaq's $2.5M minimum requirement.
- Company also fails alternative standards of $35M market value or $500K net income from continuing operations.
- Has 45 days (by Oct 5, 2023) to submit plan to regain compliance; Nasdaq may grant up to 180-day extension.
- Management intends to submit compliance plan but cannot assure acceptance or ability to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574094/000149315223030228/0001493152-23-030228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574094/000149315223030228/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-030228

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