ID Auto, Inc.: Nasdaq/NYSE listing notice — PARTS iD receives NYSE American low-price non-compliance notice; deadline April 27, 2024

ID Auto, Inc.

NYSE American notified PARTS iD on Oct 27, 2023 of non-compliance with Section 1003(f)(v) due to sustained low share price.
Cure requires reverse stock split or price improvement by April 27, 2024; NYSE may accelerate delisting if prices are abnormally low.
Company already under a separate equity-compliance plan accepted Aug 8, 2023, with plan period through Nov 23, 2024.
Common stock will trade with '.BC' indicator while non-compliant; business and SEC reporting obligations unaffected.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

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

ID Auto, Inc. received a nyse_american deficiency notice notice regarding other (rules 1003(f)(v)).

Exchange: nyse american
Notice: deficiency notice
Rules: 1003(f)(v)

Exact text from the filing

October 27, 2023 PARTS iD, Inc., a Delaware corporation (the “Company”) received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide (“Section 1003(f)(v)”) because the shares of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”) have been selling for a substantial period of time at a low price per share. The Notice has no immediate effect on the listing or trading of the Company’s Com

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Source: SEC EDGAR

accession 0001213900-23-082842

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