Bridgeline Digital, Inc. (BLIN): Nasdaq/NYSE listing notice — Bridgeline Digital receives Nasdaq minimum bid price deficiency notice

Bridgeline Digital, Inc.

Nasdaq letter on Sep 27, 2023 for non-compliance with $1.00 minimum bid price over 31 consecutive business days ending Sep 26, 2023.
Initial compliance period ends March 25, 2024; must close at $1.00+ for 10 consecutive business days.
Eligible for additional 180-day period if other Nasdaq Capital Market listing standards are met.
No immediate delisting; company monitoring and evaluating options.
Ticker: BLIN.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

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

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

Exact text from the filing

September 27, 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-one (31) consecutive business days ended September 26, 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 a

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Bridgeline Digital, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-027164

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