Rapid Micro Biosystems Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
$RPID
Biotechnology: Laboratory Analytical Instruments
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 11, 2024
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Item 8.01 | Other Events. | ||||
As previously reported, on February 2, 2024, Rapid Micro Biosystems, Inc. (the “Company”) received a notification letter from the Nasdaq Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC notifying the Company that the bid price for its Class A common stock, par value $0.01 per share (“common stock”), had closed below $1.00 per share for the preceding thirty (30) consecutive business days and that, as a result, the Company was not in compliance with the minimum bid price requirement for continued inclusion on the Nasdaq Global Select Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). The Company was provided an initial period of 180 calendar days to regain compliance with the Bid Price Requirement, which was subsequently extended for an additional 180 calendar days, until January 27, 2025. In connection with such extension, the Company transferred the listing of its common stock to the Nasdaq Capital Market on August 5, 2024.
On November 11, 2024, the Company received a letter from the Staff indicating that the Company has regained compliance with the Bid Price Requirement, following ten (10) consecutive business days during which the closing bid price of its common stock was equal to or greater than $1.00 per share, and that this matter is now closed.
Item 9.01 | Financial Statements and Exhibits. | ||||
(d)Exhibits.
| Exhibit No. | Description | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RAPID MICRO BIOSYSTEMS, INC. | ||||||||
| Date: November 12, 2024 | By: | /s/ Sean Wirtjes | ||||||
| Sean Wirtjes | ||||||||
| Chief Financial Officer | ||||||||