secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0001683168-24-002343
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion receives Nasdaq notice of non-compliance with minimum bid price rule
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- Received Nasdaq notice on April 8, 2024 for failing minimum bid price of $1.00 per share over 30 consecutive business days.
- Has 180 calendar days (until October 7, 2024) to regain compliance by having bid price close at or above $1.00 for 10 consecutive days.
- May be eligible for an additional 180-day period if it meets other listing requirements and intends to effect a reverse stock split if needed.
- Company intends to monitor bid price and consider options to regain compliance; delisting is not immediate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316824002343/0001683168-24-002343-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316824002343/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-002343

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer