regulatory
confidence high
sentiment positive
materiality 0.65
Vroom regains Nasdaq minimum bid price compliance; deficiency resolved
Vroom, Inc.
- Received Nasdaq Compliance Notice on June 23, 2023, after bid price closed at $1.00+ for 10 consecutive business days through June 22.
- Previously reported April 14 deficiency; 180-day compliance period extended to October 11, 2023.
- Regained compliance with Nasdaq Listing Rule 5450(a)(1); matter now closed.
- No further action required; stock remains listed on Nasdaq Global Select Market.