---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-029424"
form_type: "8-K"
ticker: "HOUR"
cik: "0001874875"
company_name: "Hour Loop, Inc"
filed_at: "2024-07-29T23:59:59+00:00"
generated_at: "2026-05-31T15:47:45.261009+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hour Loop receives Nasdaq non-compliance notice for bid price below $1.00

## Summary
- On July 26, 2024, Hour Loop received a bid price notice from Nasdaq for failing to maintain minimum $1.00 closing bid price for 30 consecutive business days.
- Company has 180 calendar days, until January 22, 2025, to regain compliance by closing at $1.00 or more for at least 10 consecutive business days.
- If compliance not met by deadline, Hour Loop may qualify for an additional 180-day period by meeting other listing standards and indicating intent to effect a reverse stock split.
- Non-compliance has no immediate effect on trading of HOUR common stock on Nasdaq Capital Market; company is evaluating alternatives.
- There is no assurance that Hour Loop will be able to regain compliance with the Minimum Bid Price Requirement.

## SEC filing metadata
- accession: 0001493152-24-029424
- form_type: 8-K
- ticker: HOUR
- cik: 0001874875
- company_name: Hour Loop, Inc
- filed_at: 2024-07-29T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1874875/000149315224029424/0001493152-24-029424-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1874875/000149315224029424/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-029424
- JSON: https://secwatch.observer/filing/0001493152-24-029424.json
- Plain text: https://secwatch.observer/filing/0001493152-24-029424.txt

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