{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-032380","form_type":"8-K","ticker":"AIFC","cik":"0000862861","company_name":"AI Financial Corp","filed_at":"2023-09-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.814613+00:00","generated_at":"2026-06-10T17:03:38.525159+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"JanOne receives Nasdaq delisting notice for bid price below $1.00","bullets":["Received Nasdaq notice on Sept 11, 2023, for failing $1.00 minimum bid price for 30 consecutive business days.","Has 180 days until March 9, 2024, to regain compliance by closing at $1.00+ for 10 consecutive days.","Intends to monitor bid price and consider options, including potential reverse stock split.","If not compliant by March 9, may be eligible for additional 180-day period if other listing standards met.","Notice has no immediate effect on listing or trading of common stock under ticker JAN."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-032380","json":"https://secwatch.observer/filing/0001628280-23-032380.json","markdown":"https://secwatch.observer/filing/0001628280-23-032380.md","text":"https://secwatch.observer/filing/0001628280-23-032380.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862861/000162828023032380/0001628280-23-032380-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862861/000162828023032380/jan-20230911.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T17:03:38.525159+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e5c739abb9eec320914004a732cacef7629e0205","claim":"AI Financial Corp received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"September 11, 2023, JanOne Inc. (the “Company”) received a notice (the “Nasdaq Notice”) from The Nasdaq Stock Market (“Nasdaq”), indicating that, for the last thirty (30) consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until March 9, 2024, to regain compliance. The letter states that the Nasdaq staff w","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/862861/000162828023032380/0001628280-23-032380-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}