secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2023-08-10T23:59:59+00:00
Accession:  0001683168-23-005523
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion receives Nasdaq notice for non-compliance with $1.00 minimum bid price requirement
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- Nasdaq notice dated Aug 4, 2023, due to closing bid price below $1.00 for 30 consecutive business days through Aug 3, 2023.
- Company has 180 calendar days to regain compliance by closing at or above $1.00 for ten consecutive business days.
- If not cured, may be eligible for additional 180 days if meeting market value of publicly held shares and other listing requirements.
- Company intends to monitor bid price and consider options including a reverse stock split if necessary.
- Notice does not affect business operations or SEC reporting obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316823005523/0001683168-23-005523-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316823005523/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-005523

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