Orion Energy Systems Faces Delisting Concerns
Ticker: OESX · Form: 8-K · Filed: Sep 8, 2025 · CIK: 1409375
| Field | Detail |
|---|---|
| Company | Orion Energy Systems, Inc. (OESX) |
| Form Type | 8-K |
| Filed Date | Sep 8, 2025 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, compliance
TL;DR
ORION ENERGY SYSTEMS (OES) might get delisted - big trouble ahead.
AI Summary
Orion Energy Systems, Inc. filed an 8-K on September 8, 2025, to report a notice of delisting or failure to satisfy a continued listing rule. The company is based in Manitowoc, Wisconsin, and operates in the electric lighting and wiring equipment industry.
Why It Matters
This filing indicates potential issues with Orion Energy Systems' compliance with stock exchange listing requirements, which could impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a severe warning sign for a company's financial health and market viability.
Key Players & Entities
- ORION ENERGY SYSTEMS, INC. (company) — Registrant
- September 8, 2025 (date) — Date of earliest event reported
- Manitowoc, Wisconsin (location) — Company Headquarters
- 3640 (industry_code) — Standard Industrial Classification
FAQ
What specific listing rule or standard has Orion Energy Systems failed to satisfy?
The filing does not specify the exact rule or standard that Orion Energy Systems has failed to satisfy, only that it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard'.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 8, 2025.
Where is Orion Energy Systems, Inc. headquartered?
Orion Energy Systems, Inc. is headquartered at 2210 Woodland Drive, Manitowoc, Wisconsin, 54220.
What is Orion Energy Systems' Standard Industrial Classification (SIC) code?
Orion Energy Systems' SIC code is 3640, which corresponds to ELECTRIC LIGHTING & WIRING EQUIPMENT.
What is the SEC file number for Orion Energy Systems?
The SEC file number for Orion Energy Systems is 001-33887.
Filing Stats: 643 words · 3 min read · ~2 pages · Grade level 13 · Accepted 2025-09-08 16:28:57
Key Financial Figures
- $1.00 — e Company's common stock had been below $1.00 per share for 30 consecutive trading da
Filing Documents
- d34588d8k.htm (8-K) — 24KB
- 0001193125-25-198397.txt ( ) — 132KB
- oesx-20250908.xsd (EX-101.SCH) — 3KB
- oesx-20250908_lab.xml (EX-101.LAB) — 17KB
- oesx-20250908_pre.xml (EX-101.PRE) — 11KB
- d34588d8k_htm.xml (XML) — 3KB
01
Item 3.01 . Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed, on September 20, 2024, Orion Energy Systems, Inc. (the "Company") received written notice from the Listing Qualifications Department (the "Staff") of The NASDAQ Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") for continued listing on The Nasdaq Capital Market, as the closing bid price of the Company's common stock had been below $1.00 per share for 30 consecutive trading days. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was granted 180 calendar days, or until March 19, 2025, to regain compliance with the Minimum Bid Price Rule. The Company did not achieve compliance with the Minimum Bid Price Rule by March 19, 2025. Accordingly, the Company requested and on March 20, 2025 was granted an additional 180 calendar days, or until September 15, 2025 to regain compliance with the Minimum Bid Price Rule. As previously disclosed, in order to regain compliance with the Minimum Bid Price Rule, on August 19, 2025, the Company filed an amendment to its Amended and Restated Articles of Incorporation, effecting a 1-for-10 reverse stock split of its common stock effective as of the opening of trading on August 22, 2025. As a result of the effect of Company's reverse stock split, on September 8, 2025, the Company received a written notification from the Staff indicating that the Company has regained compliance with the Minimum Bid Price Rule. Consequently, the Company is now in compliance with all applicable listing standards of, and will continue to be listed on, the Nasdaq Capital Market. 2 SIGNATURE 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 auth