secwatch.observer — SEC 8-K summary
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Issuer:     LEE ENTERPRISES, Inc (LEE)
CIK:        0000058361
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001628280-23-003366
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lee Enterprises receives Nasdaq notice for delayed 10-K and 10-Q; faces potential delisting
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- Nasdaq notified Lee of non-compliance for delayed FY2022 10-K and Q1 2023 10-Q; stock remains listed pending compliance plan.
- Lee must submit a compliance plan by Feb 27, 2023; Nasdaq may grant extension to June 26, 2023 if plan accepted.
- Company does not expect its internal controls evaluation to materially change preliminary FY2022 results released Dec 8, 2022.
- Lee also evaluating a deferred tax asset from a 2009 acquisition for potential write-down; no decision made.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58361/000162828023003366/0001628280-23-003366-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58361/000162828023003366/lee-20230208.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-003366

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