secwatch.observer — SEC 8-K summary
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Issuer:     SANGAMO THERAPEUTICS, INC (SGMO)
CIK:        0001001233
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001628280-24-019337
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Sangamo receives Nasdaq deficiency notice for bid price below $1 per share
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- Notice received April 24, 2024; stock closed below $1 for 30 consecutive business days.
- Company has 180 calendar days until October 21, 2024 to regain compliance.
- If not compliant, may transfer to Nasdaq Capital Market for an additional 180-day period.
- Evaluating options including a potential reverse stock split to cure the deficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001233/000162828024019337/0001628280-24-019337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001233/000162828024019337/sgmo-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer