---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-028915"
form_type: "8-K"
ticker: "FABC"
cik: "0001086745"
company_name: "Fabric.AI, Inc."
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T16:45:24.217950+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AYRO receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period until Jan 14, 2025

## Summary
- Nasdaq notified AYRO on July 18, 2024, that its common stock failed to meet the $1.00 minimum bid price for 30 consecutive business days.
- Compliance period of 180 calendar days, until January 14, 2025, to regain compliance.
- To cure, AYRO's stock must close at $1.00 or higher for at least ten consecutive business days.
- If not cured by Jan 14, AYRO may seek an additional 180-day period by meeting other listing standards and proposing a reverse stock split.
- The notice has no immediate effect on AYRO's Nasdaq listing; stock continues to trade.

## SEC filing metadata
- accession: 0001493152-24-028915
- form_type: 8-K
- ticker: FABC
- cik: 0001086745
- company_name: Fabric.AI, Inc.
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086745/000149315224028915/0001493152-24-028915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086745/000149315224028915/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-028915
- JSON: https://secwatch.observer/filing/0001493152-24-028915.json
- Plain text: https://secwatch.observer/filing/0001493152-24-028915.txt

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