---
schema_version: "secwatch.filing_event.v1"
accession: "0001377630-23-000066"
form_type: "8-K"
ticker: "NCMI"
cik: "0001377630"
company_name: "National CineMedia, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:06:27.088033+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# National CineMedia receives Nasdaq delisting notice; hearing set for May 25, 2023

## Summary
- Failed to regain minimum $1.00 bid price compliance by April 26, 2023 deadline.
- Nasdaq hearing on May 25 will address bid price rule and subsidiary's Chapter 11 petition.
- If delisted, common stock may trade on OTC Pink under symbol NCMI.
- Company warns there is no assurance Nasdaq will grant continued listing or value in stock.

## SEC filing metadata
- accession: 0001377630-23-000066
- form_type: 8-K
- ticker: NCMI
- cik: 0001377630
- company_name: National CineMedia, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377630/000137763023000066/0001377630-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377630/000137763023000066/ncmllc-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001377630-23-000066
- JSON: https://secwatch.observer/filing/0001377630-23-000066.json
- Plain text: https://secwatch.observer/filing/0001377630-23-000066.txt

## Key facts
- Listing & Compliance Notices
  National CineMedia, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: April 27, 2023, the Company received a determination letter (the “April 27 Letter”) from Nasdaq advising the Company that Nasdaq had determined that the Company had not regained compliance with the Bid Price Rule by the required date of April 26, 2023. The April 27 Letter indicated that the Company’s compliance with the Bid Price Rule would be addressed at the Company’s previously scheduled hearing on May 25, 2023, which will now address the Bid Price Rule and National CineMedia, LLC’s (the Company’s consolidated subsidiary) voluntary petition for reorganization. The hearing will delay the pot
  evidence_url: https://www.sec.gov/Archives/edgar/data/1377630/000137763023000066/0001377630-23-000066-index.htm

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