MARIN SOFTWARE INC: Nasdaq/NYSE listing notice — Marin Software receives Nasdaq delisting notice for bid price non-compliance

MARIN SOFTWARE INC

Received notice on April 26, 2023 for failure to maintain $1.00 minimum bid price on Nasdaq Global Market.
Has 180 days (until October 23, 2023) to comply by closing at $1.00+ for 10 consecutive business days.
May qualify for an additional 180-day cure period if transferred to Nasdaq Capital Market and reverse split.
Common stock continues trading normally on Nasdaq Global Market during the compliance period.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

MARIN SOFTWARE INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

April 26, 2023, Marin Software Incorporated (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market indicating that the Company is not in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Global Market (the “Bid Price Requirement”). The Notice has no immediate effect on the listing of the Company’s common stock (“Common Stock”) on the Nasdaq Global Market (“Nasdaq”) and the Common Stock will continue to trade on the Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(

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Source: SEC EDGAR

accession 0000950170-23-015961

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