secwatch.observer — SEC 8-K summary
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Issuer:     Rockley Photonics Holdings Ltd (—)
CIK:        0001852117
Form:       8-K
Filed at:   2022-12-15T23:59:59+00:00
Accession:  0001852117-22-000449
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rockley Photonics receives NYSE delisting notice for market cap & equity below $50M
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- NYSE notice on Dec 9, 2022: average market cap below $50M over 30 trading days and stockholders' equity below $50M.
- Ticker symbol will receive '.BC' designation indicating non-compliance with listing standards.
- Rockley to submit a business plan within 45 days to regain compliance within 18 months.
- Failure to regain compliance may lead to suspension and delisting of common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852117/000185211722000449/0001852117-22-000449-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852117/000185211722000449/rkly-20221209.htm
  HTML page:      https://secwatch.observer/filing/0001852117-22-000449

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