secwatch.observer — SEC 8-K summary
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Issuer:     BurgerFi International, Inc. (—)
CIK:        0001723580
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0001723580-24-000004
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

BurgerFi receives Nasdaq notice for non-compliance with minimum bid price rule
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- Received Nasdaq notice on Jan 23, 2024, for failing to maintain minimum bid price of $1.00 per share.
- Common stock bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 days, until July 22, 2024, to regain compliance by closing at or above $1.00 for 10 consecutive days.
- If not compliant, may transfer to Nasdaq Capital Market for additional 180-day period, subject to other requirements.
- Intends to monitor bid price and seek compliance; delisting possible if not cured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1723580/000172358024000004/0001723580-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1723580/000172358024000004/bfi-20240123.htm
  HTML page:      https://secwatch.observer/filing/0001723580-24-000004

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