---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-093185"
form_type: "8-K"
ticker: null
cik: "0001719489"
company_name: "Kaleyra, Inc."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:15:02.904348+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kaleyra receives NYSE delisting notice for market cap deficiency; stock to trade with .BC

## Summary
- NYSE notified Kaleyra on April 3, 2023 that 30-day avg market cap ($31.5M) and stockholders' equity ($42.2M) both below $50M threshold.
- Company has 45 days to submit a business plan to NYSE to demonstrate ability to regain compliance within 18 months.
- NYSE confirmed Kaleyra regained compliance with $1.00 minimum avg closing price rule (previously non-compliant since Nov 2022).
- Common stock will continue trading on NYSE under symbol KLR with ".BC" designation during cure period.
- Notice does not affect SEC reporting obligations or trigger default under debt agreements.

## SEC filing metadata
- accession: 0001193125-23-093185
- form_type: 8-K
- cik: 0001719489
- company_name: Kaleyra, Inc.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1719489/000119312523093185/0001193125-23-093185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1719489/000119312523093185/d448208d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-093185
- JSON: https://secwatch.observer/filing/0001193125-23-093185.json
- Plain text: https://secwatch.observer/filing/0001193125-23-093185.txt

## Key facts
- Listing & Compliance Notices
  Kaleyra, Inc. received a nyse deficiency notice notice regarding market value (rules 802.01B).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 802.01B
  source text: stockholders’ equity was less than $50 million (the “Market Capitalization Deficiency”). As of March 31, 2023, the 30 trading-day average market capitalization was approximately $31.5 million, and its last reported stockholders’ equity was $42.2 million as of December 31, 2022. In accordance with applicable NYSE procedures, the Company has 45 days from receipt of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1719489/000119312523093185/0001193125-23-093185-index.htm

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