secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001683168-23-004753
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon receives Nasdaq deficiency notices for MVLS <$35M and bid price <$1.00
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- MVLS deficiency: 180-day compliance period ends Jan 2, 2024; must close at $35M+ for 10 consecutive days.
- Bid price deficiency: 180-day compliance period ends Jan 2, 2024; must close at $1.00+ for 10 consecutive days.
- Failure to cure MVLS or bid price could lead to delisting; company may appeal to Nasdaq Hearings Panel.
- Bid price non-compliance may allow a second 180-day period if other listing requirements are met.
- Company may consider reverse stock split to regain bid price compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823004753/0001683168-23-004753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823004753/volcon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004753

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