secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2024-06-06T23:59:59+00:00
Accession:  0001718939-24-000108
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

T Stamp receives Nasdaq deficiency letter for low stockholders' equity, faces potential delisting
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- Nasdaq notified T Stamp on May 30, 2024, that stockholders' equity of $1,543,391 is below the $2,500,000 minimum.
- Company has 45 days (until July 15, 2024) to submit a compliance plan to regain compliance.
- If plan is accepted, Nasdaq may grant up to 180 additional calendar days to meet the equity requirement.
- Company intends to submit a compliance plan and may consider options including an appeal if rejected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000108/0001718939-24-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000108/idai-20240530.htm
  HTML page:      https://secwatch.observer/filing/0001718939-24-000108

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