secwatch.observer — SEC 8-K summary
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Issuer:     ADVENT TECHNOLOGIES HOLDINGS, INC. (ADNH)
CIK:        0001744494
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001829126-23-003785
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Advent receives Nasdaq non-compliance notice for bid price below $1.00
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- On May 24, 2023, Nasdaq notified Advent that its common stock bid price closed below $1.00 for 30 consecutive business days, violating Rule 5550(a)(2).
- Company has 180 days, until November 20, 2023, to regain compliance by achieving $1.00 or higher closing bid for at least 10 consecutive days.
- If not cured by Nov 20, Advent may seek an extra 180-day period by meeting other Nasdaq initial listing criteria and committing to a reverse stock split if necessary.
- Delisting is not imminent; company is reviewing options and may appeal any future delisting determination to a Nasdaq Hearings Panel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744494/000182912623003785/0001829126-23-003785-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744494/000182912623003785/adventtech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-003785

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