secwatch.observer — SEC 8-K summary
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Issuer:     Quantum-Si Inc (QSI)
CIK:        0001816431
Form:       8-K/A
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001816431-24-000018
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Quantum-Si corrects compliance date for Nasdaq bid price deficiency to May 5, 2025
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- Nasdaq notified Quantum-Si on Nov 4, 2024 that bid price below $1.00 for 30 consecutive days.
- Original 8-K incorrectly listed compliance date as May 5, 2024; corrected to May 5, 2025.
- To regain compliance, closing bid price must be at least $1.00 for minimum of 10 consecutive business days.
- If not compliant by May 5, 2025, company may seek additional 180-day period by transferring to Nasdaq Capital Market.
- Company will consider available options but cannot assure compliance will be achieved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1816431/000181643124000018/0001816431-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1816431/000181643124000018/qsi-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001816431-24-000018

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