secwatch.observer — SEC 8-K summary
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Issuer:     AVAX ONE TECHNOLOGY LTD. (AVX)
CIK:        0001826397
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001493152-24-030256
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AgriForce receives Nasdaq delisting notice for low bid price; sets reverse split timeline
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- Nasdaq notified Co on June 24, 2024, bid price ≤$0.10 for 10 consecutive days (June 6-21).
- Board approved reverse split by Aug 1; shareholder approval needed by Sep 30, effect reverse split by Oct 9.
- Must maintain $1 closing bid for 10 consecutive business days by Oct 22 to regain compliance.
- Failure to meet deadlines may result in delisting from Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826397/000149315224030256/0001493152-24-030256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826397/000149315224030256/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030256

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