secwatch.observer — SEC 8-K summary
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Issuer:     SpringBig Holdings, Inc. (SBIG)
CIK:        0001801602
Form:       8-K
Filed at:   2022-09-12T23:59:59+00:00
Accession:  0001140361-22-033067
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

SpringBig receives Nasdaq deficiency notice for MVLS below $50M; has 180 days to comply
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- Nasdaq notified SpringBig on Sept 7, 2022 that MVLS was below $50M for 30 consecutive business days.
- Company has until March 6, 2023 to regain compliance by closing MVLS at $50M+ for 10 consecutive days.
- If not compliant, SpringBig may transfer to Nasdaq Capital Market or face delisting.
- No immediate effect on trading of SBIG common stock or SBIGW warrants.
- Company intends to monitor MVLS and evaluate available options to regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1801602/000114036122033067/0001140361-22-033067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1801602/000114036122033067/ny20004755x7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-033067

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