SYNCHRONOSS TECHNOLOGIES INC: Nasdaq/NYSE listing notice — Synchronoss gets second 180-day Nasdaq grace period; stock to transfer to Capital Market

SYNCHRONOSS TECHNOLOGIES INC

Received second 180-day compliance period until Dec 26, 2023 for minimum bid price rule.
Common stock transferring from Nasdaq Global Select to Nasdaq Capital Market effective July 5, 2023.
To regain compliance, closing bid must be at least $1.00 for 10 consecutive business days.
Company plans to effect a reverse stock split if necessary to cure deficiency.
Failure to regain compliance by Dec 26, 2023 may result in delisting.

item 3.01

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 extension granted notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

June 29, 2023, the Company received notice (the “Second Notice”) from Nasdaq indicating that the Staff has determined that the Company is eligible for an additional 180-day grace period, or until December 26, 2023 (the “Second Compliance Period”), to regain compliance. The Second Compliance Period was granted in connection with the impending transfer of the listing of the Company’s Common Stock from The Nasdaq Global Select Market to The Nasdaq Capital Market, which we received approval from Nasdaq for on June 29, 2023. This transfer will be effective at the opening of business on July 5, 2023

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001131554-23-000051

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.