secwatch.observer — SEC 8-K summary
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Issuer:     GRI Bio, Inc. (GRI)
CIK:        0001824293
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001824293-24-000133
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

GRI Bio receives Nasdaq deficiency notice for minimum bid price non-compliance
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- Received Nasdaq letter on Sept 10, 2024; closing bid price below $1.00 for 30 consecutive business days.
- Has 180 calendar days (until March 10, 2025) to regain compliance by closing at $1.00 for 10 consecutive business days.
- If stock closes at $0.10 or less for 10 consecutive days before compliance date, Nasdaq will issue delisting determination.
- Company monitoring options to regain compliance; no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824293/000182429324000133/0001824293-24-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824293/000182429324000133/val-20240910.htm
  HTML page:      https://secwatch.observer/filing/0001824293-24-000133

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