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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