Talkspace, Inc. (TALK): Nasdaq/NYSE listing notice — Talkspace gets 180-day bid price extension; listing moved to Nasdaq Capital Market

Talkspace, Inc.

Received Nasdaq extension until Nov 13, 2023 to regain $1.00 minimum bid price for 10 consecutive days.
Listing transferred from Nasdaq Global Select to Nasdaq Capital Market effective May 19, 2023; symbol TALK unchanged.
Company may effect reverse stock split to cure; failure could lead to delisting.
Previously non-compliant since Nov 2022; initial 180-day period expired May 17, 2023.

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 0.9

Talkspace, 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

hat for the preceding 30 consecutive business days, the closing bid price of our common stock listed on Nasdaq was below $1.00 per share and therefore we did not comply with the minimum closing bid price requirement for continued listing on the Nasdaq Global Select Market under Nasdaq Listing Rule 5450(a)(1). In anticipation of not regaining compliance with Nasdaq Listing Rule 5450(a)(1) by May 17, 2023, the end of our initial 180-day grace period, we applied to transfer the listing of our common stock to the Nasdaq Capital Market. Forward-Looking Statements This Report on Form 8-K contains

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Talkspace, Inc. filing history →

Source: SEC EDGAR

accession 0001140361-23-025528

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