secwatch.observer — SEC 8-K summary
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Issuer:     OMNIQ Corp. (OMQS)
CIK:        0000278165
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001493152-24-018237
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq determines to delist OMNIQ common stock; trading suspended May 7, 2024
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- Nasdaq Panel notified OMNIQ on May 3, 2024, of delisting decision; shares suspended at open on May 7.
- Delisting due to failure to maintain minimum $35M market value of listed securities (MVLS) requirement.
- Company held a hearing on April 11, 2024, but Panel upheld the Staff's delisting determination.
- Company expects to trade on OTC Pink under symbol OMQS; has submitted application to list on OTCQX.
- Company has 15 days to request review by Nasdaq Listing and Hearing Review Council.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/278165/000149315224018237/0001493152-24-018237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/278165/000149315224018237/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018237

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