LIVEPERSON INC (LPSN): Nasdaq/NYSE listing notice — LivePerson receives Nasdaq delisting notice for bid price below $1.00

LIVEPERSON INC

Nasdaq notified LivePerson on May 10, 2024 that its stock closed below $1.00 for 30 consecutive business days.
Company has 180 calendar days, until November 6, 2024, to regain compliance by closing at $1.00+ for 10 days.
No immediate effect on listing; company will monitor and consider options but cannot guarantee compliance.

Key facts

Extracted from this filing and checked against the source text.

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

LIVEPERSON INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

May 10, 2024, LivePerson, Inc. (the “Company”) received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the closing bid price for the Company’s common stock has fallen below $1.00 per share for 30 consecutive business days, as a result of which the Company no longer complies with the minimum bid price requirement for continued listing of the Company’s common stock on the Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”), and Nasdaq Listing

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Source: SEC EDGAR

accession 0001102993-24-000086

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