---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-000316"
form_type: "8-K"
ticker: "CETX"
cik: "0001435064"
company_name: "CEMTREX INC"
filed_at: "2024-01-03T23:59:59+00:00"
generated_at: "2026-06-07T04:37:03.503731+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nasdaq panel amends CETXP listing exception; compliance deadlines set for Jan 8 and Jan 22

## Summary
- Series 1 Preferred Stock (CETXP) must close at $1+ minimum bid for 10 consecutive sessions by Jan 8, 2024.
- Full compliance with Listing Rule 5555(a)(1) required by Jan 22, 2024; failure leads to immediate delisting.
- Company considering share repurchase under approved program to meet bid price deadline.
- Special meeting of Series 1 Preferred shareholders failed due to lack of quorum; resolution did not pass.
- Jan 22, 2024 represents full extent of Panel's discretion for continued listing while non-compliant.

## SEC filing metadata
- accession: 0001493152-24-000316
- form_type: 8-K
- ticker: CETX
- cik: 0001435064
- company_name: CEMTREX INC
- filed_at: 2024-01-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.07, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1435064/000149315224000316/0001493152-24-000316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1435064/000149315224000316/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-000316
- JSON: https://secwatch.observer/filing/0001493152-24-000316.json
- Plain text: https://secwatch.observer/filing/0001493152-24-000316.txt

## Key facts
- Listing & Compliance Notices
  CEMTREX INC received a nasdaq hearing update notice regarding minimum bid price (rules 5555(a)(1)).
  - Exchange: nasdaq
  - Notice: hearing update
  - Deficiency: minimum bid price
  - Rules: 5555(a)(1)
  source text: January 3, 2024, the Company received a letter from The Nasdaq Stock Market LLC’s Hearings Panel notifying the Company that it has made the following amendments to the exception granted on September 8, 2023. ● On January 8, 2024, the Company’s Series 1 Preferred Stock shall close at a minimum bid price of at least $1 per share and maintain such closing bid price for a minimum of ten consecutive business days; ● 2. On January 22, 2024, the Company shall have demonstrated compliance with Listing Rule 5555(a)(1), by evidencing a closing bid price of $1 or more per share for a minimum of ten c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1435064/000149315224000316/0001493152-24-000316-index.htm

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