Actually, I do not think it would be a material event, since they can respond to the problem and resubmit, so in the long run - no harm, no foul. so no, I do not think this would rise to the level of a reportable material event. The only thing lost may be a little time and a bit more effort.
It’s not a material event. A material event would be a final rejection, not any interim communication relating to a process that is still in motion. A request for more information is not a material event. They might PR processes like that for the transparency and convenience of shareholders, but it’s not required by law and I expect most companies would not. I expect we would find out somehow, not necessarily as a PR or SEC filing.