secwatch.observer — SEC 8-K summary
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Issuer:     Empery Digital Inc. (EMPD)
CIK:        0001829794
Form:       8-K
Filed at:   2023-12-26T23:59:59+00:00
Accession:  0001683168-23-009087
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Volcon receives Nasdaq deficiency notice for bid price below $1.00
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- Nasdaq notified Volcon on Dec 19, 2023 that bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until June 17, 2024, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not compliant by June 17, 2024, Volcon may be eligible for an additional 180-day period with conditions including a possible reverse stock split.
- Failure to regain compliance could result in delisting from Nasdaq Capital Market; company may appeal.
- Volcon intends to monitor bid price and consider reverse stock split to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823009087/0001683168-23-009087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1829794/000168316823009087/volcon_8k-without.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-009087

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