---
schema_version: "secwatch.filing_event.v1"
accession: "0001779372-23-000007"
form_type: "8-K"
ticker: "BEAT"
cik: "0001779372"
company_name: "HeartBeam, Inc."
filed_at: "2023-03-24T23:59:59+00:00"
generated_at: "2026-06-17T16:55:36.539907+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HeartBeam receives Nasdaq deficiency notice for failing minimum $2.5M equity requirement

## Summary
- Reported stockholders' equity of $2.374M as of Dec 31, 2022, below the $2.5M minimum.
- Company has 45 days (until May 4, 2023) to submit a compliance plan to Nasdaq.
- If plan accepted, HeartBeam has until Sept 18, 2023 to regain compliance.
- Stock and warrants continue trading; delisting would materially affect capital access.

## SEC filing metadata
- accession: 0001779372-23-000007
- form_type: 8-K
- ticker: BEAT
- cik: 0001779372
- company_name: HeartBeam, Inc.
- filed_at: 2023-03-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779372/000177937223000007/0001779372-23-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779372/000177937223000007/beat-20230320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779372-23-000007
- JSON: https://secwatch.observer/filing/0001779372-23-000007.json
- Plain text: https://secwatch.observer/filing/0001779372-23-000007.txt

## Key facts
- Listing & Compliance Notices
  HeartBeam, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: March 20, 2023, HeartBeam, Inc. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that it is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on The Nasdaq Stock Market to maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. In its annual report on Form 10-K for the period ended December 31, 2022, the Company reported stockholders’ equity of $2,374,000, and, as a result, does not currently satisfy Listing Rule 5550(b)(1). Nasdaq’s letter has no immediate impact on the listing of the Company’
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779372/000177937223000007/0001779372-23-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.