secwatch.observer — SEC 8-K summary
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Issuer:     Glimpse Group, Inc. (GGRP)
CIK:        0001854445
Form:       8-K
Filed at:   2024-09-09T23:59:59+00:00
Accession:  0001493152-24-035400
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Glimpse Group receives Nasdaq delisting notice for bid price below $1.00
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- Received Nasdaq notification on Sep 3, 2024 that bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until Mar 3, 2025) to regain compliance by closing at $1.00+ for 10 consecutive days.
- If non-compliant by Mar 3, 2025, may qualify for additional 180 days if other listing standards are met.
- Potential cure measures include share buyback, insider buying, and press releases; reverse stock split not currently considered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854445/000149315224035400/0001493152-24-035400-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854445/000149315224035400/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-035400

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