secwatch.observer — SEC 8-K summary
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Issuer:     Proterra Inc (—)
CIK:        0001820630
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001628280-23-028243
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Proterra receives Nasdaq delisting notice after Chapter 11 filing; stock to trade OTC
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- Proterra filed Chapter 11 on Aug 7, 2023; Nasdaq delisting notice received Aug 8 citing public interest concerns.
- Company will not appeal; trading suspension effective Aug 17, 2023 and Form 25-NSE to be filed.
- Common stock to trade OTC under symbol PTRAQ starting Aug 17, 2023; previously traded as PTRA on Nasdaq.
- Delisting triggered by bankruptcy and concerns about residual equity interest and continued listing compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820630/000162828023028243/0001628280-23-028243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820630/000162828023028243/ptra-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-028243

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