secwatch.observer — SEC 8-K summary
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Issuer:     Motus GI Holdings, Inc. (—)
CIK:        0001686850
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001493152-23-035029
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Motus GI fails to meet Nasdaq bid price rule; gets equity rule extension to Jan 2
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- Failed to regain compliance with Nasdaq $1 bid price rule by Sept 27 deadline; Hearing Panel to decide on delisting.
- Will submit updated compliance plan by Oct 5; may implement reverse stock split approved by stockholders on Sept 21.
- Hearing Panel granted extension until Jan 2, 2024 to regain compliance with Nasdaq's minimum stockholders' equity rule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1686850/000149315223035029/0001493152-23-035029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1686850/000149315223035029/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-035029

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