{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-025710","form_type":"8-K","ticker":"BFRG","cik":"0001829247","company_name":"BullFrog AI Holdings, Inc.","filed_at":"2025-08-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.187053+00:00","generated_at":"2026-05-17T09:46:25.523726+00:00","sec_items":["3.01","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"BullFrog AI receives Nasdaq deficiency letter for equity shortfall; issues 267,842 share retention awards","bullets":["Stockholders' equity of $2,188,110 as of June 30, 2025 falls below Nasdaq's $2.5M minimum requirement.","Company has 45 days to submit a compliance plan; possible 180-day extension if plan accepted.","Board granted refresh equity awards totaling 267,842 shares to executives and directors.","Awards consist of 33% immediate vesting stock and 67% RSUs vesting 50% each on Sep 1, 2026 and Sep 1, 2027.","Existing stock options are significantly underwater; awards intended for retention during critical period."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-025710","json":"https://secwatch.observer/filing/0001641172-25-025710.json","markdown":"https://secwatch.observer/filing/0001641172-25-025710.md","text":"https://secwatch.observer/filing/0001641172-25-025710.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1829247/000164117225025710/0001641172-25-025710-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1829247/000164117225025710/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:46:25.523726+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4388ab4c024efa7e7fc1178d1e88252330b068df","claim":"BullFrog AI Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"August 21, 2025, BullFrog AI Holdings, Inc. (the “Company”) received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) that, based on the Company’s stockholders’ equity of $2,188,110 as reported on its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, the Company is no longer in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on the Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing (the “Stockholder Equity Requirement”). The Nasdaq deficiency letter has no immediate effect on the lis","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1829247/000164117225025710/0001641172-25-025710-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}