---
schema_version: "secwatch.filing_event.v1"
accession: "0001131554-23-000051"
form_type: "8-K"
ticker: null
cik: "0001131554"
company_name: "SYNCHRONOSS TECHNOLOGIES INC"
filed_at: "2023-07-03T23:59:59+00:00"
generated_at: "2026-06-13T13:06:21.646354+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Synchronoss gets second 180-day Nasdaq grace period; stock to transfer to Capital Market

## Summary
- 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.

## SEC filing metadata
- accession: 0001131554-23-000051
- form_type: 8-K
- cik: 0001131554
- company_name: SYNCHRONOSS TECHNOLOGIES INC
- filed_at: 2023-07-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131554/000113155423000051/0001131554-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131554/000113155423000051/sncr-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001131554-23-000051
- JSON: https://secwatch.observer/filing/0001131554-23-000051.json
- Plain text: https://secwatch.observer/filing/0001131554-23-000051.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1131554/000113155423000051/0001131554-23-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.