ESPORTS ENTERTAINMENT GROUP, INC. (GMBL): Nasdaq/NYSE listing notice — Esports Entertainment Group receives Nasdaq delisting notice; exception granted until March 31, 2023

ESPORTS ENTERTAINMENT GROUP, INC.

Nasdaq notice on Dec 6, 2022 for non-compliance with $35M minimum Market Value of Listed Securities (Rule 5550(b)(2)).
Hearings Panel granted exception until March 31, 2023 after Nov 17 hearing; interim conditions apply.
Company is taking steps to comply but cannot assure success; failure may lead to delisting.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

ESPORTS ENTERTAINMENT GROUP, INC. received a nasdaq hearing update notice regarding market value (rules 5550(b)(2)).

Exchange: nasdaq
Notice: hearing update
Deficiency: market value
Rules: 5550(b)(2)

Exact text from the filing

December 6, 2022, Esports Entertainment Group, Inc. (the “Company”) received a notice from The Nasdaq Stock Market LLC notifying the Company that it has not regained compliance with Listing Rule 5550(b)(2) (the “Rule”) requiring the Company to maintain a Market Value of Listed Securities at a minimum of $35 million. On November 17, 2022, in a hearing before the Nasdaq Hearings Panel (the “Panel”), the Company presented on its plan to comply with the Rule 5550(b)(2) or alternative criteria. On November 30, 2022, the Panel granted the Company an exception until March 31, 2023 to demonstrate comp

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Source: SEC EDGAR

accession 0001493152-22-035187

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