Bridgeline Digital, Inc. (BLIN): Nasdaq/NYSE listing notice — Bridgeline Digital receives Nasdaq bid price deficiency notice; 180 days to cure

Bridgeline Digital, Inc.

Nasdaq notified Bridgeline (BLIN) that its stock failed to maintain minimum $1.00 bid price for 30 consecutive business days ending May 2, 2023.
Company has 180 calendar days, until October 30, 2023, to regain compliance by closing at $1.00+ for 10 consecutive business days.
If not cured, Bridgeline may qualify for an additional 180-day grace period if it meets other Nasdaq Capital Market listing standards.
The deficiency letter does not immediately affect listing; stock continues trading on Nasdaq under symbol BLIN.
Bridgeline will monitor bid price and evaluate options to cure the deficiency.

Key facts

Extracted from this filing and checked against the source text.

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

Bridgeline Digital, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

May 3, 2023, Bridgeline Digital, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock (“Common Stock”) for the thirty (30) consecutive business days ended May 2, 2023, the Company no longer satisfies the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period o

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Bridgeline Digital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-013290

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