{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-015767","form_type":"8-K","ticker":"CGEH","cik":"0001009759","company_name":"Capstone Energy Plus, Inc.","filed_at":"2023-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.851872+00:00","generated_at":"2026-06-10T15:49:23.670504+00:00","sec_items":["3.01","5.02","7.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Capstone Green Energy receives Nasdaq notices for delayed filings and bid price; CEO Flexon appointed with $600K salary","bullets":["Nasdaq notified Capstone of non-compliance for not filing 10-K (FY Mar 31, 2023) and 10-Q (Jun 30, 2023).","Bid price deficiency: shares closed below $1.00 for 30 consecutive business days (Jul 28-Sep 11, 2023).","Company has 180 days, until Mar 11, 2024, to regain bid price compliance; also faces MVLS deadline Sep 25, 2023.","Robert C. Flexon appointed Interim CEO and Executive Chairman, effective Aug 22, 2023; annual base salary $600,000.","The Nasdaq notices are deficiency notifications, not imminent delisting; risks remain significant."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-015767","json":"https://secwatch.observer/filing/0001558370-23-015767.json","markdown":"https://secwatch.observer/filing/0001558370-23-015767.md","text":"https://secwatch.observer/filing/0001558370-23-015767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1009759/000155837023015767/0001558370-23-015767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1009759/000155837023015767/cgrn-20230912x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T15:49:23.670504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a63c10e92ffaa6679436fdc590bdbd8101a56dc","claim":"Capstone Energy Plus, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"September 12, 2023, Capstone Green Energy Corporation (the “Company”) received a written notice (the “Periodic Filing Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the year ended March 31, 2023. The Company has also failed to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. On August 18, 2023, the Company filed a Current Report on Form 8-K announcing","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009759/000155837023015767/0001558370-23-015767-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"74d0e9b7b10b6d4db9026ca209782eabfc8c36ac","claim":"Capstone Energy Plus, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"September 12, 2023, Capstone Green Energy Corporation (the “Company”) received a written notice (the “Periodic Filing Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the year ended March 31, 2023. The Company has also failed to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023. On August 18, 2023, the Company filed a Current Report on Form 8-K announcing","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009759/000155837023015767/0001558370-23-015767-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"noncompliance notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"2771cca5af","claim":"Robert C. Flexon was appointed as Interim President and Chief Executive Officer at Capstone Energy Plus, Inc..","evidence_excerpt":"the Board of Directors (the “Board”) of the Company had appointed Robert C. Flexon, the Company’s then current Chairman of the Board, to serve as Interim President and Chief Executive Officer, effective August 22, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009759/000155837023015767/0001558370-23-015767-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"94cb39a81c","claim":"Robert C. Flexon changed role as Executive Chairman at Capstone Energy Plus, Inc..","evidence_excerpt":"Mr. Flexon also transitioned from the role of Chairman of the Board to Executive Chairman, effective August 9, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1009759/000155837023015767/0001558370-23-015767-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}