Aterian, Inc. (ATER): Nasdaq/NYSE listing notice — Aterian receives 180-day Nasdaq extension to meet $1 minimum bid price until April 22, 2024

Aterian, Inc.

Received Nasdaq notice granting 180-day extension to April 22, 2024 to regain minimum $1.00 bid price compliance.
Must maintain closing bid price at or above $1.00 for at least 10 consecutive business days during extension.
Previously notified of non-compliance on April 24, 2023; original deadline was October 23, 2023.
Stock continues trading on Nasdaq under symbol ATER; no immediate delisting effect.
If compliance not regained by April 22, 2024, Nasdaq will notify of delisting, with appeal rights.

item 3.01 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 0.95

Aterian, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

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

Exact text from the filing

October 24, 2023, Aterian, Inc. (the “Company”) issued a press release announcing that the Company received a notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) granting the Company a 180-day extension, or until April 22, 2024, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule"). A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. This notice has no immediate effect on the listing or trading of the Company's common stock on The

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Aterian, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-028860

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