---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-049281"
form_type: "8-K"
ticker: "OCEA"
cik: "0001869974"
company_name: "Ocean Biomedical, Inc."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:49:38.554910+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ocean Biomedical fails Nasdaq minimum bid price rule; given 180 days to comply

## Summary
- Nasdaq notified Ocean Biomedical of non-compliance with minimum $1 bid price rule on Dec 3, 2024.
- Closing bid price below $1 for 30 consecutive business days ended Dec 2, 2024.
- Company has 180 days, until June 2, 2025, to regain compliance.
- To regain compliance, bid price must close at $1 for 10 consecutive business days.
- If not compliant by June 2, 2025, may be eligible for extra time or face delisting.

## SEC filing metadata
- accession: 0001493152-24-049281
- form_type: 8-K
- ticker: OCEA
- cik: 0001869974
- company_name: Ocean Biomedical, Inc.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1869974/000149315224049281/0001493152-24-049281-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1869974/000149315224049281/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-049281
- JSON: https://secwatch.observer/filing/0001493152-24-049281.json
- Plain text: https://secwatch.observer/filing/0001493152-24-049281.txt

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