Real Good Food Company, Inc.: Nasdaq/NYSE listing notice — Real Good Food receives Nasdaq delisting notice for MVPHS below $15M

Real Good Food Company, Inc.

Nasdaq notified Real Good Food on April 24, 2024 of non-compliance with Listing Rule 5450(b)(3)(C) requiring minimum $15M market value of publicly held shares.
Company has 180 calendar days (until Oct 21, 2024) to regain compliance by closing at $15M or more for 10 consecutive business days.
If not cured, Nasdaq may delist; company may apply to transfer to the Nasdaq Capital Market.
Company intends to monitor market value and consider available options to regain compliance.

Key facts

Extracted from this filing and checked against the source text.

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

Real Good Food Company, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(3)(C), 5810(c)(3)(D)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(3)(C), 5810(c)(3)(D)

Exact text from the filing

April 24, 2024, The Real Good Food Company Inc. (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that based on the market value of publicly held shares for the previous 30 consecutive business days, the listing of the Company’s common stock is not in compliance with Nasdaq Listing Rule 5450(b)(3)(C) to maintain a minimum market value of publicly held shares of $15,000,000 (the “MVPHS Rule”). Under Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days, or until October 21, 2024, to regain

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Source: SEC EDGAR

accession 0001193125-24-118186

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