secwatch.observer — SEC 8-K summary
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Issuer:     SmileDirectClub, Inc. (—)
CIK:        0001775625
Form:       8-K
Filed at:   2022-11-23T23:59:59+00:00
Accession:  0001775625-22-000098
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SmileDirectClub receives Nasdaq bid-price deficiency notice; 180-day cure period to May 17, 2023
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- Nasdaq notified SDC on Nov 18, 2022 that stock closed below $1.00 for 30 consecutive business days.
- Company has until May 17, 2023 to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not cured, SDC may qualify for an additional 180-day period if it meets other listing standards.
- Management states it will consider available options to regain compliance and remain listed on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1775625/000177562522000098/0001775625-22-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1775625/000177562522000098/sdc-20221118.htm
  HTML page:      https://secwatch.observer/filing/0001775625-22-000098

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