secwatch.observer — SEC 8-K summary
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Issuer:     ProMIS Neurosciences Inc. (PMN)
CIK:        0001374339
Form:       8-K
Filed at:   2024-07-05T23:59:59+00:00
Accession:  0001558370-24-009675
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ProMIS Neurosciences receives Nasdaq notice for MVLS non-compliance
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- Received notice from Nasdaq on July 2, 2024, for failing to maintain minimum Market Value of Listed Securities of $35M over 30 consecutive business days.
- Has 180 days (until Dec 29, 2024) to regain compliance; MVLS must be at least $35M for ten consecutive business days.
- No immediate effect on listing or trading; if not cured, common stock subject to delisting; company may appeal.
- Company will monitor market value and consider available options; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374339/000155837024009675/0001558370-24-009675-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374339/000155837024009675/pmn-20240702x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009675

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