secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001628280-24-041470
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

ThredUp receives Nasdaq and LTSE bid price deficiency notices
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- Nasdaq deficiency letter on Sep 24, 2024; 180 days until Mar 24, 2025 to regain $1.00 minimum bid price.
- LTSE deficiency letter on Sep 26, 2024; 180 days until Mar 26, 2025 to comply.
- Stock continues trading on both exchanges under TDUP; compliance requires $1 close for 10 consecutive days.
- Company may consider a reverse stock split or other options to cure deficiency; delisting possible if not resolved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000162828024041470/0001628280-24-041470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000162828024041470/tdup-20240924.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-041470

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