Chicken Soup for the Soul Entertainment, Inc.: Nasdaq/NYSE listing notice — CSSE receives Nasdaq bid price deficiency notice; exploring strategic alternatives

Chicken Soup for the Soul Entertainment, Inc.

Nasdaq notice on Sep 22, 2023: common stock bid price below $1 for 30 consecutive days; 180-day cure until Mar 20, 2024.
Board authorized factoring up to $55M in receivables with discount limited to 5%.
May sell securities under ATM agreements or in private placements from time to time.
Actively exploring strategic transactions, including asset sales or a sale of the company.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Chicken Soup for the Soul Entertainment, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

September 22, 2023, Chicken Soup for the Soul Entertainment Inc. (the “ Company ”) received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq ”) stating that, for the prior 30 consecutive business days (through September 21, 2023), the closing bid price of the Company’s Class A Common Stock, $0.0001 par value per share (“ common stock ”) had been below the minimum of $1 per share required for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). The notification letter stated that the Company would be afforded 180 calend

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001104659-23-104774

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.