Nasdaq bid price requirement notification
Company: Core Scientific
The claim, verbatim
December 13, 2022: Nasdaq notified company that it no longer met minimum bid price requirement due to closing bid price below $1.00 per share for 30 consecutive business days
Source (primary)
Core Scientific 10-K filed 2023-04-04 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On December 13, 2022, the Company received written notice from Nasdaq notifying the Company that, because the closing bid price for the Company's securities had fallen below $1.00 per share for 30 consecutive business days, the Company no longer met the minimum bid price requirement”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states verbatim that on December 13, 2022 Nasdaq notified the company it no longer met the minimum bid price requirement because the price fell below $1.00 for 30 consecutive business days.
Confirmed in the source:
- On December 13, 2022, Nasdaq notified Core Scientific it no longer met the minimum bid price requirement
- The trigger was the closing bid price falling below $1.00 per share for 30 consecutive business days
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1839341/000162828023010454/core-20221231.htm) in full (860,799 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Core Scientific 10-K filed 2023-04-04
Quote: “On December 13, 2022, the Company received written notice from Nasdaq notifying the Company that, because the closing bid price for the Company's securities had fallen below $1.00 per share for 30 consecutive business days, the Company no longer met the minimum bid price requirement”