secwatch.observer — SEC 8-K summary
======================================

Issuer:     MGO Global Inc. (—)
CIK:        0001902794
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001493152-25-006186
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGO Global receives Nasdaq delisting notice for low bid price; requests hearing, merger vote Feb 14
--------------------------------------------------------------------------------

- Nasdaq notified MGO on Feb 6, 2025 of non-compliance with $1.00 minimum bid price; delisting set for Feb 18 absent hearing request.
- Company requested hearing on Feb 12, 2025, automatically staying delisting pending panel decision and potential extension.
- MGO is ineligible for 180-day cure period due to prior reverse stock split on July 18, 2024.
- Special meeting on Feb 14, 2025 to vote on business combination with Heidmar; if approved, new entity to trade as HMR.
- Board unanimously recommends voting FOR the transaction; no assurance of regaining compliance or panel granting extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902794/000149315225006186/0001493152-25-006186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902794/000149315225006186/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-006186

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer