---
schema_version: "secwatch.filing_event.v1"
accession: "0000948708-24-000036"
form_type: "8-K"
ticker: "SMSI"
cik: "0000948708"
company_name: "SMITH MICRO SOFTWARE, INC."
filed_at: "2024-11-27T23:59:59+00:00"
generated_at: "2026-05-29T17:25:08.721709+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smith Micro Software receives Nasdaq minimum bid price non-compliance notice

## Summary
- Received Nasdaq letter on Nov 26, 2024: closing bid price below $1.00 for 30 consecutive business days.
- Initial compliance period of 180 calendar days ends May 26, 2025 to regain minimum $1.00 bid.
- Can regain compliance if bid price is at least $1.00 for 10 consecutive business days before deadline.
- May qualify for an additional 180-day grace period if it meets other listing standards.
- No immediate effect on listing; company intends to monitor and assess options to cure deficiency.

## SEC filing metadata
- accession: 0000948708-24-000036
- form_type: 8-K
- ticker: SMSI
- cik: 0000948708
- company_name: SMITH MICRO SOFTWARE, INC.
- filed_at: 2024-11-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948708/000094870824000036/0000948708-24-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948708/000094870824000036/smsi-20241126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000948708-24-000036
- JSON: https://secwatch.observer/filing/0000948708-24-000036.json
- Plain text: https://secwatch.observer/filing/0000948708-24-000036.txt

## Key facts
- Listing & Compliance Notices
  SMITH MICRO SOFTWARE, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: November 26, 2024, Smith Micro Software, Inc. (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market (“Nasdaq”) indicating that as result of the closing bid price of the Company’s common stock (“Common Stock”) for the last 30 consecutive business days having been below the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) the Company was not in compliance with the Minimum Bid Price Requirement (the “Minimum Bid Price Notice”). The Min
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000094870824000036/0000948708-24-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.