---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-006032"
form_type: "8-K"
ticker: null
cik: "0001785592"
company_name: "Leafly Holdings, Inc. /DE"
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-28T00:11:59.022707+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Leafly receives Nasdaq delisting notice; stock to move to OTC Pink; convertible notes extended to July 2025

## Summary
- Nasdaq Hearings Panel determined to delist Leafly common stock and warrants; trading suspended Jan 17, 2025.
- Stock and warrants expected to trade on OTC Pink Open Market under symbols LFLY and LFLYW.
- Maturity of 8.00% convertible senior notes extended from Jan 31, 2025 to July 1, 2025.
- Company to prepay 12.5% of outstanding principal plus accrued interest on Jan 21, 2025; added covenants and security interest.
- Delisting due to failure to meet Nasdaq's net income continued listing standard; alternative compliance not achieved.

## SEC filing metadata
- accession: 0000950170-25-006032
- form_type: 8-K
- cik: 0001785592
- company_name: Leafly Holdings, Inc. /DE
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.01, 3.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785592/000095017025006032/0000950170-25-006032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785592/000095017025006032/lfly-20250115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-006032
- JSON: https://secwatch.observer/filing/0000950170-25-006032.json
- Plain text: https://secwatch.observer/filing/0000950170-25-006032.txt

## Source-grounded claims
- claim_id: ca081e5723ee54e712cf593e676b7734447e5397
  claim: Leafly Holdings, Inc. /DE received a nasdaq delisting notice notice regarding other (rules 5550(b)).
  evidence_excerpt: January 15, 2025, the Company received written notification (the “Delisting Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Nasdaq Hearings Panel (the “Panel”) has determined to delist the Company’s common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017025006032/0000950170-25-006032-index.htm

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