secwatch.observer — SEC 8-K summary
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Issuer:     Quantum-Si Inc (QSI)
CIK:        0001816431
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001816431-24-000009
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum-Si receives Nasdaq bid price deficiency notice; must regain compliance by May 5, 2024
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- Closing bid price of Class A common stock (QSI) below $1.00 for 30 consecutive business days as of Nov 4, 2024.
- Company has 180 days, until May 5, 2024, to regain compliance with minimum bid price of $1.00 for 10 consecutive days.
- If not compliant by May 5, may transfer to Nasdaq Capital Market for additional 180-day cure period, subject to meeting other standards.
- Stock continues trading on Nasdaq Global Market under QSI; no immediate impact on operations or SEC reporting.
- Company intends to monitor bid price and consider available options; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816431/000181643124000009/0001816431-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816431/000181643124000009/qsi-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001816431-24-000009

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