secwatch.observer — SEC 8-K summary
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Issuer:     Leafly Holdings, Inc. /DE (—)
CIK:        0001785592
Form:       8-K
Filed at:   2024-04-12T23:59:59+00:00
Accession:  0000950170-24-044010
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Leafly receives Nasdaq delisting notice; fails to meet continued listing standards
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785592/000095017024044010/0000950170-24-044010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785592/000095017024044010/lfly-20240409.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-044010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer