---
schema_version: "secwatch.filing_event.v1"
accession: "0001628945-23-000127"
form_type: "8-K"
ticker: null
cik: "0001628945"
company_name: "Cue Health Inc."
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T03:54:42.981398+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cue Health receives Nasdaq deficiency notice for bid price below $1/share

## Summary
- Received Nasdaq notice on June 6, 2023 for failing minimum $1 bid price over 30 consecutive business days.
- Has 180 days, until Dec 4, 2023, to regain compliance by closing at $1+ for 10 consecutive days.
- May transfer to Nasdaq Capital Market for an additional 180-day cure period if needed.
- Considering options including reverse stock split to cure the deficiency.
- No immediate delisting; but risk of delisting if compliance not achieved.

## SEC filing metadata
- accession: 0001628945-23-000127
- form_type: 8-K
- cik: 0001628945
- company_name: Cue Health Inc.
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628945/000162894523000127/0001628945-23-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628945/000162894523000127/hlth-20230606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628945-23-000127
- JSON: https://secwatch.observer/filing/0001628945-23-000127.json
- Plain text: https://secwatch.observer/filing/0001628945-23-000127.txt

## Key facts
- Listing & Compliance Notices
  Cue Health Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)
  source text: June 6, 2023, Cue Health Inc. (the “Company”) received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company did not satisfy the requirement for continued listing on the Nasdaq Global Select Market under Nasdaq Listing Rule 5450(a) (“Rule 5450(a)”) to maintain a minimum bid price of $1 per share. The Company became deficient with Rule 5450(a) as of June 6, 2023 as its closing bid price was less than $1 per share for 30 consecutive business days prior to the date of the Notice. The Notice is a notice of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628945/000162894523000127/0001628945-23-000127-index.htm

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