Mediaco Holding Inc. (MDIA): Nasdaq/NYSE listing notice — MediaCo receives Nasdaq deficiency notice for stockholders' equity below $2.5M; intends to request hearing

Mediaco Holding Inc.

Nasdaq staff notified MediaCo that stockholders' equity of $1,982,000 (Sept. 30, 2022) is below the $2.5M minimum required by Listing Rule 5550(b)(1).
Company must request a hearing by November 22, 2022 to stay delisting; MediaCo intends to do so.
At the hearing, MediaCo will present a plan to regain compliance and seek additional time from the Panel.
No assurance that the Panel will grant continued listing or that the company's efforts to maintain listing will succeed.

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 0.95

Mediaco Holding Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

November 15, 2022, MediaCo Holding Inc. (the “Company”) received a deficiency letter (the “Nasdaq Letter”) from the staff of the Nasdaq Listing Qualifications Department (the “Staff”) stating that because the Company had reported stockholders’ equity of $1,982,000 in its Quarterly Report on Form 10-Q for the period ended September 30, 2022, the Company no longer complies with Nasdaq Listing Rule 5550(b)(1), which requires a minimum $2.5 million stockholders’ equity and thus the Company's Class A common stock (listed on The Nasdaq Capital Market) would be subject to delisting unless the Comp

View on SEC.gov

Browse all listing & compliance notices →

Mediaco Holding Inc. filing history →

Source: SEC EDGAR

accession 0000929638-22-001711

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.