---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-001355"
form_type: "8-K"
ticker: null
cik: "0001662574"
company_name: "Grom Social Enterprises, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:43:03.873130+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Grom Social receives Nasdaq delisting notice for bid price non-compliance; hearing set for May 2

## Summary
- Received Nasdaq letter on Feb 29, 2024 for failure to meet $1 minimum bid price for 30 consecutive business days.
- Not eligible for compliance period due to two reverse stock splits over prior two years (cumulative ratio 250:1 or more).
- Requested hearing on March 6; hearing scheduled for May 2, 2024; suspension stayed pending Panel decision.
- No assurance of favorable outcome; risk of delisting from Nasdaq Capital Market if appeal fails.

## SEC filing metadata
- accession: 0001683168-24-001355
- form_type: 8-K
- cik: 0001662574
- company_name: Grom Social Enterprises, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1662574/000168316824001355/0001683168-24-001355-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1662574/000168316824001355/grom_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-001355
- JSON: https://secwatch.observer/filing/0001683168-24-001355.json
- Plain text: https://secwatch.observer/filing/0001683168-24-001355.txt

## Key facts
- Listing & Compliance Notices
  Grom Social Enterprises, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iv)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)(iv)
  source text: February 29, 2024, Grom Social Enterprises, Inc. (the “Company”) received a letter (the “Letter”) from the staff (the “Nasdaq Staff”) of the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that unless the Company requests a hearing before the Nasdaq Hearings Panel (the “Panel”) by March 7, 2024, the Company’s securities will be delisted from the Nasdaq Capital Market based upon the Company’s non-compliance with Nasdaq’s Minimum Bid Requirement (as defined below) as set forth in Nasdaq Listing Rules 5550(a)(2). The Letter specified that the Company is not
  evidence_url: https://www.sec.gov/Archives/edgar/data/1662574/000168316824001355/0001683168-24-001355-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.