secwatch.observer — SEC 8-K summary
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Issuer:     Vacasa, Inc. (—)
CIK:        0001874944
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001874944-23-000030
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Vacasa receives Nasdaq deficiency notice for bid price below $1; proposes reverse stock split
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- Closing bid price below $1.00 for 30 consecutive business days triggers Nasdaq non-compliance notice.
- Company has 180 calendar days, until Oct 24, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.
- Filed reverse stock split proposal (ratio 1:5 to 1:20) for approval at May 23, 2023 annual meeting.
- Failure to cure could lead to additional 180-day grace period if listing is transferred to Nasdaq Capital Market.
- Common stock continues trading on Nasdaq under symbol VCSA pending compliance efforts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874944/000187494423000030/0001874944-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874944/000187494423000030/vcsa-20230427.htm
  HTML page:      https://secwatch.observer/filing/0001874944-23-000030

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