secwatch.observer — SEC 8-K summary
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Issuer:     HYDROFARM HOLDINGS GROUP, INC. (HYFM)
CIK:        0001695295
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001628280-24-011478
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Hydrofarm receives Nasdaq delisting notice for bid price below $1.00
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- Nasdaq notified Hydrofarm on March 14, 2024, that its common stock has not met the $1.00 minimum bid price for 30 consecutive business days.
- Company has 180 days, until September 10, 2024, to regain compliance by closing at $1.00 for at least 10 consecutive business days.
- If compliance not achieved by the deadline, Hydrofarm may seek a second 180-day grace period by meeting other listing standards and effecting a reverse stock split if necessary.
- Stock continues to trade on Nasdaq under symbol 'HYFM' with no immediate impact on listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1695295/000162828024011478/0001628280-24-011478-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1695295/000162828024011478/hyfm-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-011478

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