secwatch.observer — SEC 8-K summary
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Issuer:     Toughbuilt Industries, Inc (—)
CIK:        0001668370
Form:       8-K
Filed at:   2023-07-11T23:59:59+00:00
Accession:  0001575872-23-001105
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ToughBuilt receives Nasdaq bid price deficiency notice; 180 days to cure until Jan 3, 2024
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- Notice dated July 7, 2023: common stock closing bid below $1.00 for 30 consecutive trading days (May 23 – Jul 6, 2023).
- Must regain compliance by Jan 3, 2024; requires closing bid ≥ $1.00 for at least 10 consecutive trading days.
- If not cured, may qualify for an additional 180-day extension subject to meeting other initial listing standards.
- Stock (TBLT) continues trading on Nasdaq Capital Market during the compliance period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668370/000157587223001105/0001575872-23-001105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668370/000157587223001105/tblt-20230708.htm
  HTML page:      https://secwatch.observer/filing/0001575872-23-001105

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