---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-060473"
form_type: "8-K"
ticker: "RJET"
cik: "0000810332"
company_name: "REPUBLIC AIRWAYS HOLDINGS INC."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T12:10:55.774628+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mesa Air Group receives Nasdaq deficiency notice for minimum bid price non-compliance

## Summary
- Received Nasdaq Deficiency Letter on Nov 3, 2023 for bid price closing below $1.00 for 30 consecutive business days.
- Company has 180 calendar days until May 1, 2024 to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not compliant by May 1, 2024, may get second 180-day period by transferring to Nasdaq Capital Market.
- No immediate impact on listing; shares continue trading on Nasdaq Global Select under 'MESA'.
- Company evaluating options to regain compliance but no assurance of success.

## SEC filing metadata
- accession: 0000950170-23-060473
- form_type: 8-K
- ticker: RJET
- cik: 0000810332
- company_name: REPUBLIC AIRWAYS HOLDINGS INC.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/810332/000095017023060473/0000950170-23-060473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/810332/000095017023060473/mesa-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-060473
- JSON: https://secwatch.observer/filing/0000950170-23-060473.json
- Plain text: https://secwatch.observer/filing/0000950170-23-060473.txt

## Key facts
- Listing & Compliance Notices
  REPUBLIC AIRWAYS HOLDINGS INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: November 3, 2023, Mesa Air Group, Inc. (the “Company”) received a notice in the form of a letter (“Deficiency Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1) because the bid price for the Company’s shares of common stock had closed below $1.00 per share for the previous 30 consecutive business days (the “Minimum Bid Price Requirement”). The Deficiency Letter has no immediate impact on the listing of the Company’s shares of common stock, which wil
  evidence_url: https://www.sec.gov/Archives/edgar/data/810332/000095017023060473/0000950170-23-060473-index.htm

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