secwatch.observer — SEC 8-K summary
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Issuer:     Movella Holdings Inc. (—)
CIK:        0001839132
Form:       8-K
Filed at:   2023-10-05T23:59:59+00:00
Accession:  0001628280-23-033972
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Movella receives Nasdaq delisting notice for bid price below $1.00 for 30 days
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- Notice received Oct 2, 2023; stock bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until April 1, 2024) to regain compliance.
- To cure, closing bid price must be at least $1.00 for 10 consecutive business days.
- If not compliant by April 1, may transfer to Nasdaq Capital Market for additional 180-day period.
- Failure to regain compliance could result in delisting from Nasdaq Global Market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839132/000162828023033972/0001628280-23-033972-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839132/000162828023033972/mvla-20231002.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-033972

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