---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-23-000170"
form_type: "8-K"
ticker: "ASPU"
cik: "0001487198"
company_name: "ASPEN GROUP, INC."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T01:55:06.549210+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Aspen Group voluntarily delists from Nasdaq; last trading day March 31, 2023

## Summary
- Voluntary delisting from The Nasdaq Global Market; last day of trading expected March 31, 2023.
- Reasons cited: anticipated financial savings, lower operating costs, reduced compliance burden, simpler governance.
- Company had been noncompliant with Nasdaq minimum bid price rule of $1.00 since September 2022.
- Expects common stock to be quoted on OTC Pink platform; no guarantee broker will make a market.
- Will file Form 25 on March 23, 2023 to delist and Form 15 on April 30, 2023 to suspend SEC reporting.

## SEC filing metadata
- accession: 0001553350-23-000170
- form_type: 8-K
- ticker: ASPU
- cik: 0001487198
- company_name: ASPEN GROUP, INC.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487198/000155335023000170/0001553350-23-000170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487198/000155335023000170/aspu_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-23-000170
- JSON: https://secwatch.observer/filing/0001553350-23-000170.json
- Plain text: https://secwatch.observer/filing/0001553350-23-000170.txt

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