secwatch.observer — SEC 8-K summary
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Issuer:     AERWINS Technologies Inc. (—)
CIK:        0001855631
Form:       8-K
Filed at:   2023-10-23T23:59:59+00:00
Accession:  0001493152-23-037935
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq delists AERWINS for bid-price noncompliance; company plans appeal hearing
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- Received Nasdaq delisting determination on Oct 18, 2023 for failing to meet $1.00 minimum bid price for 180-day cure period.
- Delisting scheduled for Oct 27, 2023; company has until Oct 25 to request a hearing before a Hearings Panel.
- Company intends to timely request a hearing to stay delisting and present a plan to regain compliance.
- Also out of compliance with Nasdaq market value of listed securities (Rule 5450(b)(2)(A)) and minimum MVPHS (Rule 5450(b)(2)(C)).
- No assurance that the Panel will grant continued listing or that company will ultimately regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855631/000149315223037935/0001493152-23-037935-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855631/000149315223037935/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-037935

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