---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-112906"
form_type: "8-K"
ticker: "ULYX"
cik: "0001603652"
company_name: "Urgent.ly Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:14:40.564710+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Urgent.ly (ULY) receives Nasdaq deficiency notice for bid price below $1.00; has 180 days to cure

## Summary
- Nasdaq notified Urgently on Sep 30, 2024 that bid price closed below $1.00 for 30 consecutive business days.
- Compliance period ends March 31, 2025; need closing bid price >= $1.00 for at least 10 consecutive days.
- If not cured, may qualify for a second 180-day period if other listing standards are met.
- Company may propose a reverse stock split to regain compliance; no guarantee of success.
- No immediate impact on Nasdaq listing or trading of ULY common stock.

## SEC filing metadata
- accession: 0000950170-24-112906
- form_type: 8-K
- ticker: ULYX
- cik: 0001603652
- company_name: Urgent.ly Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603652/000095017024112906/0000950170-24-112906-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603652/000095017024112906/uly-20240930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-112906
- JSON: https://secwatch.observer/filing/0000950170-24-112906.json
- Plain text: https://secwatch.observer/filing/0000950170-24-112906.txt

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