secwatch.observer — SEC 8-K summary
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Issuer:     System1, Inc. (SST)
CIK:        0001805833
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001628280-25-001158
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

System1 receives NYSE non-compliance notice for stock price below $1.00; six-month cure period
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- NYSE notified System1 on Jan 6, 2025, that average closing price of Class A common stock was below $1.00 over 30 consecutive trading days.
- No immediate delisting; stock continues to trade on NYSE subject to other listing standards.
- Company must notify NYSE by Jan 21, 2025, of intent to cure; six-month window to regain compliance by hitting $1.00 closing and 30-day average.
- System1 intends to consider all available alternatives to cure the deficiency.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805833/000162828025001158/0001628280-25-001158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805833/000162828025001158/sst-20250106.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-001158

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