---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-23-000082"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T18:52:40.226934+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Latch expects Nasdaq delisting after missing filing deadline; plans OTC trading

## Summary
- Latch notified Nasdaq it cannot file delinquent reports by Aug 4, 2023 deadline due to restatement delays.
- Expects Nasdaq delisting and suspension; securities to trade on OTC Expert Market.
- Cash and equivalents plus available-for-sale securities ~$192M as of July 31, 2023.
- Commenced 59% workforce reduction (full-time employees) expected to complete by Nov 1, 2023.
- Jamie Siminoff and Dave Lillis expected as CEO and CFO later in 2023.

## SEC filing metadata
- accession: 0001826000-23-000082
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000082/0001826000-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000082/lat-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-23-000082
- JSON: https://secwatch.observer/filing/0001826000-23-000082.json
- Plain text: https://secwatch.observer/filing/0001826000-23-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.