REPUBLIC AIRWAYS HOLDINGS INC. (RJET): Nasdaq/NYSE listing notice — Mesa Air transfers to Nasdaq Capital Market; gets 180-day extension to meet $1 bid price

REPUBLIC AIRWAYS HOLDINGS INC.

Nasdaq approved transfer from Global Select to Capital Market, effective May 6, 2024.
Second 180-day compliance period runs to Oct 28, 2024 to regain $1.00 minimum bid price.
To comply, closing bid must be at least $1.00 for 10 consecutive business days.
Failure by Oct 28 could lead to delisting; company may appeal to Nasdaq Hearings Panel.
Stock symbol MESA unchanged; trading continues on Nasdaq.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

REPUBLIC AIRWAYS HOLDINGS INC. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

bal Select Market tier to The Nasdaq Capital Market tier, and that the Staff granted the Company’s request for a second 180-calendar day period, or until October 28, 2024 (the “Second Compliance Period”), to regain compliance with the $1.00 bid price requirement, as set forth in Nasdaq Listing Rule 5550(a)(2). To regain compliance with such minimum price requirement, the Company must evidence a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. The transfer of the listing of the Company’s shares of Common Stock from The Nasdaq Global Select Market to T

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REPUBLIC AIRWAYS HOLDINGS INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-053595

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