secwatch.observer — SEC 8-K summary
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Issuer:     AppHarvest, Inc. (—)
CIK:        0001807707
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001807707-23-000038
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

AppHarvest receives Nasdaq deficiency notice for bid price below $1.00
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- Received Nasdaq letter on April 18, 2023; 180-day grace period until Oct 16, 2023 to regain compliance.
- Closing bid price of common stock below $1.00 for 30 consecutive business days.
- Company filed preliminary proxy to approve reverse stock split (1:10 to 1:20) as a remedy.
- If not compliant by Oct 16, may seek additional 180-day period or face delisting.
- No immediate effect on listing; stock continues trading on Nasdaq under symbol APPH.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807707/000180770723000038/0001807707-23-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807707/000180770723000038/apph-20230418.htm
  HTML page:      https://secwatch.observer/filing/0001807707-23-000038

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