Urgent.ly Inc. (ULYX): Nasdaq/NYSE listing notice — Urgent.ly Receives Nasdaq Non-Compliance Notice for Falling Below Continued Listing Standards

Urgent.ly Inc.

Received Nasdaq notice on March 19, 2025 for failing minimum net income requirement under Listing Rule 5550(b)(3).
Also does not meet alternatives of market value of listed securities or stockholders' equity.
Must submit compliance plan by May 5, 2025; Nasdaq may grant up to 180-day extension if plan accepted.
If plan not accepted, common stock will be subject to delisting; company may appeal.
Company issued press release on March 24, 2025 regarding the non-compliance.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

Urgent.ly Inc. received a nasdaq deficiency notice notice regarding other (rules 5550(b)(3)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5550(b)(3)

Exact text from the filing

March 19, 2025, Urgent.ly Inc. (the “Company”) received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that its net income from continuing operations had fallen below the minimum requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(3) (the “Minimum Net Income Requirement”). The Notice also noted that the Company does not meet the alternatives of market value of listed securities or stockholders’ equity (collectively with the Minimum Net Income Requirement

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Urgent.ly Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-043949

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