secwatch.observer — SEC 8-K summary
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Issuer:     System1, Inc. (SST)
CIK:        0001805833
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001805833-25-000020
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

System1 receives NYSE delisting notice; market cap and equity below threshold
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- NYSE notified System1 on Dec 8, 2025 that 30-day avg mkt cap <$50M and stockholder's equity <$50M as of Sep 30, 2025.
- Company has 18 months to cure; must submit business plan by Jan 22, 2026 for NYSE approval.
- System1 intends to consider all available alternatives to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805833/000180583325000020/0001805833-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805833/000180583325000020/sst-20251208.htm
  HTML page:      https://secwatch.observer/filing/0001805833-25-000020

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