---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-032428"
form_type: "8-K"
ticker: null
cik: "0001855631"
company_name: "AERWINS Technologies Inc."
filed_at: "2023-09-13T23:59:59+00:00"
generated_at: "2026-06-10T19:24:55.578166+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AERWINS receives Nasdaq notice for failure to meet minimum MVPHS requirement

## Summary
- Received Nasdaq notification on Sept 8, 2023, for non-compliance with minimum Market Value of Publicly Held Shares (MVPHS) of $15M.
- Deficiency based on MVPHS from July 27 to Sept 7, 2023; common stock continues trading under symbol AWIN.
- Company has 180 calendar days, until March 6, 2024, to regain compliance; must have MVPHS >= $15M for 10 consecutive days.
- May consider transferring to Nasdaq Capital Market, requiring application and $5,000 fee.

## SEC filing metadata
- accession: 0001493152-23-032428
- form_type: 8-K
- cik: 0001855631
- company_name: AERWINS Technologies Inc.
- filed_at: 2023-09-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1855631/000149315223032428/0001493152-23-032428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1855631/000149315223032428/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-032428
- JSON: https://secwatch.observer/filing/0001493152-23-032428.json
- Plain text: https://secwatch.observer/filing/0001493152-23-032428.txt

## Key facts
- Listing & Compliance Notices
  AERWINS Technologies Inc. received a nasdaq noncompliance notice notice regarding market value (rules 5450(b)(2)(C), 5810(c)(3)(D)).
  - Exchange: nasdaq
  - Notice: noncompliance notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(C), 5810(c)(3)(D)
  source text: September 8, 2023, AERWINS Technologies Inc., a Delaware corporation (the “Company”), received a notification letter (the “Notification Letter”) from The Nasdaq Stock Market, LLC (“Nasdaq”) that it is not in compliance with the minimum Market Value of Publicly Held Shares (the “MVPHS”) set forth in Nasdaq Listing Rule 5450(b)(2)(C) for continued listing on Nasdaq. Nasdaq Listing Rule 5450(b)(2)(C) requires the minimum MVPHS of $15,000,000, and Nasdaq Listing Rule 5810(c)(3)(D) provides that a failure to meet the minimum MVPHS requirement exists if the deficiency continues for a period of 30 co
  evidence_url: https://www.sec.gov/Archives/edgar/data/1855631/000149315223032428/0001493152-23-032428-index.htm

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