secwatch.observer — SEC 8-K summary
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Issuer:     AERWINS Technologies Inc. (—)
CIK:        0001855631
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001493152-23-042965
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AERWINS Technologies faces Nasdaq delisting, shareholders approve reverse stock split and Lind Global issuance.
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- Received Additional Staff Delisting Determination from Nasdaq on Nov 21, 2023 for delinquent Q3 2023 10-Q; filed the report on Nov 28.
- Shareholders on Nov 20, 2023 approved reverse stock split at ratio of 1:10 to 1:100 (39,694,160 for, 1,106,980 against).
- Shareholders approved issuance of >20% of common stock to Lind Global Fund II LP, resulting in change of control (24,538,630 for, 841,990 against).
- Company remains non-compliant with Nasdaq minimum bid price, MVPHS, and market value requirements as of filing date.
- Hearing requested to appeal delisting; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855631/000149315223042965/0001493152-23-042965-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855631/000149315223042965/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-042965

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