secwatch.observer — SEC 8-K summary
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Issuer:     Rubicon Technologies, Inc. (—)
CIK:        0001862068
Form:       8-K
Filed at:   2024-03-22T23:59:59+00:00
Accession:  0001829126-24-001816
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rubicon receives NYSE delisting notice for market cap and share price non-compliance
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- Average global market cap below $50M and stockholders' equity below $50M triggered NYSE Section 802.01B non-compliance.
- Average closing price below $1.00 over 30 trading days triggered NYSE Section 802.01C non-compliance.
- Company has 45 days to submit a plan for market cap cure and six months for share price cure.
- Stock continues to trade on NYSE during the cure periods, subject to other listing requirements.
- Rubicon plans to notify NYSE by April 1, 2024 of intent to cure deficiencies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862068/000182912624001816/0001829126-24-001816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862068/000182912624001816/rubicontech_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-001816

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