secwatch.observer — SEC 8-K summary
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Issuer:     AQUABOUNTY TECHNOLOGIES INC (AQB)
CIK:        0001603978
Form:       8-K
Filed at:   2022-11-04T23:59:59+00:00
Accession:  0001603978-22-000042
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

AquaBounty receives Nasdaq notice for bid price below $1.00; 180-day cure period
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- Closing bid price of common stock below $1.00 for 30 consecutive business days triggers non-compliance with Nasdaq Listing Rule 5550(a)(2).
- Company has 180 calendar days, until May 1, 2023, to regain compliance by closing at $1.00 or more for 10 consecutive business days.
- If not compliant by May 1, 2023, Company may be eligible for a second 180-day period if it meets other listing standards and intends to effect a reverse stock split.
- Failure to regain compliance could lead to delisting; Company may appeal to a Nasdaq hearings panel.
- Company will monitor bid price and evaluate actions but provides no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603978/000160397822000042/0001603978-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603978/000160397822000042/aqb-20221031x8k.htm
  HTML page:      https://secwatch.observer/filing/0001603978-22-000042

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