---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-24-000584"
form_type: "8-K"
ticker: "XPON"
cik: "0001894954"
company_name: "Expion360 Inc."
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:18:31.267231+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Expion360 faces Nasdaq delisting; stock at $0.10 or less; appeals hearing requested

## Summary
- Nasdaq staff determination on Sep 6, 2024: bid price below $1.00 for 30 consecutive days and at $0.10 or less for 10 days.
- Company timely requested an appeal hearing, which will stay delisting pending Panel decision.
- Company seeks shareholder approval for reverse stock split (ratio 1:50 to 1:100) at annual meeting on Sep 27, 2024.
- If approved, plans to implement split to regain compliance by raising share price above $1.00 for 10 consecutive days.
- Common stock continues trading on Nasdaq during stay; delisting risk remains if split not effected or compliance not achieved.

## SEC filing metadata
- accession: 0001903596-24-000584
- form_type: 8-K
- ticker: XPON
- cik: 0001894954
- company_name: Expion360 Inc.
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1894954/000190359624000584/0001903596-24-000584-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1894954/000190359624000584/xpon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-24-000584
- JSON: https://secwatch.observer/filing/0001903596-24-000584.json
- Plain text: https://secwatch.observer/filing/0001903596-24-000584.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.