SYNCHRONOSS TECHNOLOGIES INC: Nasdaq/NYSE listing notice — Synchronoss receives Nasdaq bid price deficiency notice; has 180 days to regain compliance

SYNCHRONOSS TECHNOLOGIES INC

Closing bid price of common stock below $1.00 for 30 consecutive business days triggered the notice.
Initial compliance period ends June 26, 2023; must close at $1.00+ for 10 consecutive days to cure.
If not cured in 180 days, company may be eligible for a second 180-day grace period subject to conditions.
Company states it will consider available options to regain compliance with Nasdaq listing rule 5450(a)(1).

Key facts

Extracted from this filing and checked against the source text.

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

SYNCHRONOSS TECHNOLOGIES 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

December 27, 2022, Synchronoss Technologies, Inc. (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market (“Nasdaq”) indicating that as result of the closing bid price of the Company’s common stock (“Common Stock”) for the last 30 consecutive business days having been below the $1.00 minimum bid price requirement for continued listing on The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) the Company was not in compliance with the Minimum Bid Price Requirement (the “Minimum Bid Price Notice”

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001131554-22-000088

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.