secwatch.observer — SEC 8-K summary
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Issuer:     Sharecare, Inc. (—)
CIK:        0001816233
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001816233-24-000092
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sharecare receives Nasdaq deficiency notice for bid price below $1.00
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- Nasdaq letter dated April 5, 2024, citing 30 consecutive trading days with close below $1.00.
- Company has until October 2, 2024, to regain compliance with minimum bid price rule.
- To cure, closing bid price must be at least $1.00 for ten consecutive business days.
- Sharecare may consider a reverse stock split or other options to meet the requirement.
- No immediate impact on listing or trading; stock continues on Nasdaq under symbol SHCR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816233/000181623324000092/0001816233-24-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816233/000181623324000092/shcr-20240405.htm
  HTML page:      https://secwatch.observer/filing/0001816233-24-000092

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