secwatch.observer — SEC 8-K summary
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Issuer:     MGO Global Inc. (—)
CIK:        0001902794
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001654954-23-013247
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

MGO Global receives Nasdaq delisting notice for bid price below $1.00
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- Received Nasdaq deficiency letter on Oct 19, 2023, for bid price below $1.00 for 30 consecutive trading days.
- Must regain compliance by April 16, 2024 (180-day cure period); may qualify for second 180-day period.
- If not compliant, stock may be delisted; company can appeal to Nasdaq hearings panel.
- No immediate effect on listing; MGOL continues trading on Nasdaq Capital Market.
- Company evaluating options to regain compliance; no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1902794/000165495423013247/0001654954-23-013247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1902794/000165495423013247/mgol_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-013247

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