secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001493152-24-015200
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Alset Inc. receives Nasdaq bid-price deficiency notice; 180-day cure period
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- Received Nasdaq notice on April 15, 2024; bid price below $1 for 30 straight business days.
- Has 180 days, until Oct 12, 2024, to regain compliance; needs $1 closing bid for 10 consecutive days.
- Company evaluating actions to regain compliance; failure could lead to delisting.
- Notice does not immediately delist; stock continues trading on Nasdaq Capital Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315224015200/0001493152-24-015200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315224015200/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-015200

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