secwatch.observer — SEC 8-K summary
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Issuer:     Playboy, Inc. (PLBY)
CIK:        0001803914
Form:       8-K
Filed at:   2024-07-03T23:59:59+00:00
Accession:  0001803914-24-000051
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

PLBY Group receives Nasdaq deficiency notice for low bid price; has until Dec 24, 2024 to regain compliance
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- Common stock bid price below $1.00 for 32 consecutive business days, triggering Nasdaq deficiency letter.
- Company has 180 days, until Dec 24, 2024, to close at $1.00+ for 10 consecutive days.
- If not compliant, may transfer to Nasdaq Capital Market or effect a reverse stock split.
- No immediate effect on listing; company is monitoring and evaluating options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803914/000180391424000051/0001803914-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803914/000180391424000051/ply-20240627.htm
  HTML page:      https://secwatch.observer/filing/0001803914-24-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer