---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-011329"
form_type: "8-K"
ticker: "AIFC"
cik: "0000862861"
company_name: "AI Financial Corp"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T18:24:59.400673+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# JanOne regains Nasdaq minimum bid price compliance; closing bid above $1.00 for 10 days

## Summary
- Received Nasdaq compliance notice on March 13, 2024 for Rule 5550(a)(2).
- Closing bid price was $1.00 or above for 10 consecutive business days (Feb 28-Mar 12, 2024).
- Previously reported deficiency on Sept 11, 2023 for bid below $1.00 for 30 days.
- Daily average closing bid price during compliance period exceeded $2.00.

## SEC filing metadata
- accession: 0001628280-24-011329
- form_type: 8-K
- ticker: AIFC
- cik: 0000862861
- company_name: AI Financial Corp
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862861/000162828024011329/0001628280-24-011329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862861/000162828024011329/jan-20240313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-011329
- JSON: https://secwatch.observer/filing/0001628280-24-011329.json
- Plain text: https://secwatch.observer/filing/0001628280-24-011329.txt

## Key facts
- Listing & Compliance Notices
  AI Financial Corp received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: compliance regained
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: March 13, 2024 (the date of this Current Report on Form 8-K), JanOne Inc. (“we” or “us”) presently complies with Nasdaq Listing Rule 5550(a)(2) that requires us to maintain a minimum bid price of $1.00 per share. As previously reported, on September 11, 2023, we received a notice (the “Deficiency Notice”) from The Nasdaq Stock Market (“Nasdaq”), indicating that our common stock failed to maintain a minimum bid price of $1.00 per share over the previous 30 consecutive business days as required by the Nasdaq Listing Rules. On March 13, 2024, we received a notice (the “Compliance Notice”) from Na
  evidence_url: https://www.sec.gov/Archives/edgar/data/862861/000162828024011329/0001628280-24-011329-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.