secwatch.observer — SEC 8-K summary
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Issuer:     Cingulate Inc. (CING)
CIK:        0001862150
Form:       8-K
Filed at:   2023-11-14T23:59:59+00:00
Accession:  0001493152-23-041199
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Cingulate receives Nasdaq delisting notice for continued non-compliance with equity rule; intends to request hearing
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- Nasdaq staff determined to delist CING common stock and warrants unless a hearing is timely requested.
- Company failed to regain compliance with $2.5M minimum stockholders' equity by Nov 13, 2023 deadline.
- Company intends to request a hearing before Nasdaq Hearings Panel to seek an extension.
- Also noted separate bid price deficiency; compliance period extends to Jan 24, 2024.
- If delisted, liquidity and capital access could be materially adversely affected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862150/000149315223041199/0001493152-23-041199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862150/000149315223041199/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-041199

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