secwatch.observer — SEC 8-K summary
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Issuer:     Urgent.ly Inc. (ULYX)
CIK:        0001603652
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0000950170-25-043949
Event type: regulatory
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Urgent.ly Receives Nasdaq Non-Compliance Notice for Falling Below Continued Listing Standards
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603652/000095017025043949/0000950170-25-043949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603652/000095017025043949/uly-20250319.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-043949

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