Beeline Holdings, Inc. (BLNE): Nasdaq/NYSE listing notice — Eastside Distilling receives 180-day Nasdaq extension to cure bid-price deficiency through May 30, 2023

Beeline Holdings, Inc.

Nasdaq granted extension after common stock closed below $1.00 for 30 consecutive days.
Company must show closing bid price ≥$1.00 for 10 consecutive business days by May 30, 2023.
If not compliant by deadline, Nasdaq may delist; company can appeal to a Hearings Panel.
Eastside Distilling will consider a reverse stock split if needed to regain compliance.

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 0.9

Beeline Holdings, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

December 1, 2022, the Company received written notification from the Staff granting its request for a 180-day extension to regain compliance with the Bid Price Requirement. Eastside Distilling now has until May 30, 2023 to meet the requirement. If at any time prior to May 30, 2023, the bid price of the Company’s Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, it will regain compliance with the Bid Price Requirement . If compliance with the Bid Price Requirement cannot be demonstrated by May 30, 2023, the Staff will provide written notification that

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Beeline Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-034193

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