secwatch.observer — SEC 8-K summary
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Issuer:     T Stamp Inc (IDAI)
CIK:        0001718939
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001718939-24-000194
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

T Stamp gets 180-day extension to meet Nasdaq $1.00 bid price, regains compliance on equity rule
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- Nasdaq granted additional 180 days until April 28, 2025 to cure minimum bid price deficiency.
- Company still non-compliant as of Oct 30, 2024; must close at or above $1 for 10 consecutive days.
- May effect reverse stock split no later than ten business days before April 28, 2025 to regain compliance.
- Nasdaq also confirmed compliance with Listing Rule 5550(b)(1) after review of recent Form 8-K.
- Failure to maintain compliance could lead to delisting; company may appeal to Hearings Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000194/0001718939-24-000194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718939/000171893924000194/idai-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001718939-24-000194

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