SEACHANGE INTERNATIONAL INC: Nasdaq/NYSE listing notice — SeaChange gets Nasdaq bid-price extension, transfers to Capital Market

SEACHANGE INTERNATIONAL INC

Did not regain $1.00 minimum bid price by Dec 14, 2022 initial deadline.
Nasdaq granted additional 180-day period until June 12, 2023 to regain compliance.
Transfer from Global Select to Capital Market approved, effective Dec 19, 2022; symbol SEAC unchanged.
If bid price stays at $1.00+ for 10 consecutive days before deadline, Nasdaq will confirm compliance.
Failure to cure by June 12, 2023 may lead to delisting; company can appeal to Nasdaq panel.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

SEACHANGE INTERNATIONAL INC received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

December 15, 2022, Nasdaq notified the Company that it had granted the Company an additional 180 calendar day period, or until June 12, 2023 (the “Extended Compliance Date”), to regain compliance with the Bid Price Rule. Nasdaq’s determination was based on, among other things, (1) the Company’s written notice of its intention to transfer to The Nasdaq Capital Market (the “Capital Market”) (as issuers on the Global Select Market are not eligible for an additional 180-day compliance period) and to cure the deficiency by the Extended Compliance Date by effecting a reverse stock split, if necessar

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001193125-22-306011

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.