US Corporate Distress Financial Stress SEC Filings — October 27, 2026

27-10-2026

General Motors Company filed an 8-K including Exhibit 3.1, the Amended and Restated Bylaws effective November 17, 2026. The bylaws restate shareholder meeting procedures, including special meeting requests by holders of at least 15% of voting power, quorum rules, voting standards, and advance-notice requirements for shareholder nominations and proposals. The filing contains no financial results, no monetary amounts, and no percentage performance metrics.

• · Exhibit 3.1 is an amended and restated set of bylaws effective November 17, 2026, governing shareholder meetings, proxy voting, and nomination procedures under Delaware law
• · Shareholders holding at least 15% of voting power may require the board to call a special meeting, which must be scheduled within 90 days of the request
• · The board may decline a special meeting request if a meeting covering the same purpose is already scheduled within 90 days or was held in the prior 12 months
• · Quorum for shareholder meetings is a majority of outstanding voting power; broker non-votes are not counted as shares entitled to vote

27-10-2026

Rekor Systems received a Nasdaq notice granting an additional 180-calendar-day period, until April 26, 2027, to regain compliance with the $1.00 minimum bid price requirement after its initial compliance period expired on October 26, 2026. The notice has no immediate effect on listing or trading, which continues on The Nasdaq Capital Market under REKR, but failure to cure by the deadline would lead to delisting notification, with any hearing request not staying suspension. The company states it intends to regain compliance and notes there is no assurance it will do so or maintain its other listing requirements.

• · Nasdaq granted the extension under Listing Rule 5810(c)(3)(A)(ii) based on the company meeting the market value of publicly held shares requirement and other initial listing standards, other than the bid price requirement
• · A Nasdaq Hearings Panel appeal is available if the company is not compliant by April 26, 2027, but a hearing request would not stay trading suspension
• · The additional compliance period relates solely to the bid-price deficiency and does not affect other Nasdaq listing requirements

27-10-2026

Advasa Holdings, Inc. (Nasdaq: ADBT) received a Nasdaq notice on October 21, 2026 that its common stock had closed below the $1.00 minimum bid price for 30 consecutive business days, breaching Nasdaq Listing Rule 5450(a)(1). The company has 180 calendar days, until April 19, 2027, to regain compliance by maintaining a closing bid of at least $1.00 for ten consecutive business days, or it may seek a transfer to The Nasdaq Capital Market. The notice has no immediate effect on listing or trading, and the stock continues to trade on the Nasdaq Global Market.

• · Compliance deadline is April 19, 2027; failure to regain compliance may lead to a Nasdaq delisting determination with a right to appeal to a hearings panel
• · Company may transfer to The Nasdaq Capital Market if it meets market value of publicly held shares and other initial listing requirements (excluding bid price)
• · Common stock trades under symbol ADBT; Emerging growth company status claimed
• · Company states it will actively monitor its closing bid price and may consider options to regain compliance

27-10-2026

NextNRG, Inc. (NXXT) received a Nasdaq notice on October 21, 2026 stating its market value of listed securities (MVLS) was below the $35,000,000 minimum for 30 consecutive business days (September 9 through October 20, 2026), and it does not meet the alternative stockholders' equity ($2,500,000) or net income ($500,000) standards. The notice has no immediate effect on listing or trading, and the company has until April 19, 2027 to regain compliance, though a separate delisting determination tied to the bid price requirement remains under appeal before a Nasdaq Hearings Panel that heard the matter on October 22, 2026 with no decision yet issued.

• · Company was previously notified March 16, 2026 of non-compliance with the $1.00 minimum bid price; on September 15, 2026 Nasdaq determined to delist it after failing to regain compliance by September 14, 2026, and it was ineligible for a second 180-day period due to insufficient stockholders' equity.
• · Company timely requested a Nasdaq Hearings Panel review of the bid price delisting determination; the hearing occurred October 22, 2026, and the Panel's final written decision is pending with no assurance of continued listing.
• · Company does not currently meet any of Nasdaq's three continued listing standards except through the possibility of demonstrating stockholders' equity of at least $2,500,000 to Nasdaq's satisfaction.
• · Company warns that delisting could reduce liquidity and share price, limit investor participation and fundraising, restrict use of registration statements for freely tradable securities, and impair equity incentives for employees.

27-10-2026

Socket Mobile, Inc. (Nasdaq: SCKT) notified Nasdaq on October 27, 2026 of its intention to voluntarily withdraw its common stock from The Nasdaq Capital Market and transition quotation to the OTCID Market, following a Nasdaq notice dated August 24, 2026 that the company no longer met the $2,500,000 minimum stockholders' equity requirement. The company cites strategic alternatives, market capitalization, and the cost of maintaining a Nasdaq listing as drivers, and states the move will not affect day-to-day operations, customer commitments, or product delivery, while continuing SEC periodic reporting. The filing does not disclose the company's current stockholders' equity, revenue, or other financial results, so the financial impact cannot be quantified from this document.

• · Form 25 expected to be filed on or about November 9, 2026
• · Nasdaq delisting expected effective on or about November 19, 2026; last regular Nasdaq trading day expected November 18, 2026
• · OTCID quotation under symbol SCKT expected to commence at market open on or about November 19, 2026
• · OTC Markets confirmed in writing that the company satisfied OTCID onboarding qualifications
• · Company intends to continue filing 10-K, 10-Q, and 8-K reports with the SEC
• · Press release dated October 27, 2026 furnished as Exhibit 99.1 under Item 7.01 (Regulation FD) and not deemed filed under Section 18