secwatch.observer — SEC 8-K summary
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Issuer:     Motus GI Holdings, Inc. (—)
CIK:        0001686850
Form:       8-K
Filed at:   2024-04-11T23:59:59+00:00
Accession:  0001493152-24-014324
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Motus GI receives Nasdaq delisting notice; expects trading suspension on April 16
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- Received Nasdaq notice on April 5, 2024, for bid price below $1 for 30 consecutive days.
- Not eligible for compliance period due to reverse stock splits with cumulative ratio 250:1 or more in prior two years.
- Does not intend to appeal; expects trading suspension on Nasdaq effective April 16, 2024.
- Common stock to quote on OTC Pink Market; plans to apply for OTCQB listing.
- Continuing to explore strategic and financing alternatives to maximize stockholder value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1686850/000149315224014324/0001493152-24-014324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1686850/000149315224014324/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-014324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer