secwatch.observer — SEC 8-K summary
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Issuer:     Latch, Inc. (LTCH)
CIK:        0001826000
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001826000-23-000099
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Latch receives Nasdaq bid price deficiency notice; stock already suspended
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- Received Nasdaq notice on Sept 19, 2023 for minimum bid price non-compliance (closing bid below $1 for 30 consecutive days).
- Stock suspended from trading since Aug 10, 2023 due to periodic filing failure; this notice has no immediate effect.
- Must regain compliance by March 18, 2024: bid price at least $1 for 10 consecutive days and meet all listing standards.
- May transfer to Nasdaq Capital Market for additional 180-day compliance period if eligible.
- No assurance of regaining compliance; company will monitor and consider options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826000/000182600023000099/0001826000-23-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826000/000182600023000099/lat-20230919.htm
  HTML page:      https://secwatch.observer/filing/0001826000-23-000099

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