Leafly Holdings, Inc. /DE: Nasdaq/NYSE listing notice — Leafly receives Nasdaq delisting notice; fails to meet continued listing standards

Leafly Holdings, Inc. /DE

Received Nasdaq notice on April 9, 2024 for non-compliance with Listing Rule 5550.
Does not meet any of three alternatives: stockholders' equity ($2.5M min), MVLS ($35M), or net income ($500K).
Has 45 days to submit compliance plan; extension up to 180 days possible.
Trading of common stock (LFLY) and warrants (LFLYW) continues on Nasdaq Capital Market.

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 0.9

Leafly Holdings, Inc. /DE received a nasdaq deficiency notice notice regarding other (rules 5550).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5550

Exact text from the filing

April 9, 2024, Leafly Holdings, Inc. (the "Company") received a notification (the "Notice") from the Listing Qualifications Staff (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it no longer complies with Nasdaq's requirements contained in Nasdaq Listing Rule 5550 for companies traded on the Nasdaq Capital Market (the "Capital Market"). Nasdaq Listing Rule 5550 requires a company listed on the Capital Market to continuously meet at least one of the following requirements set forth in Nasdaq Listing Rule 5550(b) (the "Continued Listing Standards"): Continued L

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Source: SEC EDGAR

accession 0000950170-24-044010

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