DIXIE GROUP INC (DXYN): Nasdaq/NYSE listing notice — Dixie Group gets Nasdaq bid-price extension to Sept 23, 2024

DIXIE GROUP INC

Received 180-day extension from Nasdaq to cure minimum $1.00 bid price deficiency; new deadline Sept 23, 2024.
Must close at or above $1.00 for 10 consecutive business days to regain compliance.
Failure to comply by deadline may trigger delisting; company may appeal to Nasdaq Hearings panel.
Listing and trading on Nasdaq Capital Market unaffected for now under symbol DXYN.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

DIXIE GROUP INC received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

elisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing The Company announced today it received an extension of 180 calendar days from the NASDAQ Stock Market LLC (“Nasdaq”) to regain compliance with the Nasdaq’s minimum $1.00 bid price requirement set forth in Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market (the “bid price requirement”), following expiration of the initial 180 calendar day period to regain compliance with the Bid Price Requirement, and the Company’s written notice of its intent to cure the deficiency during the second compli

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Source: SEC EDGAR

accession 0000029332-24-000025

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