---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-002750"
form_type: "8-K"
ticker: null
cik: "0000892482"
company_name: "Qumu Corp"
filed_at: "2023-01-27T23:59:59+00:00"
generated_at: "2026-06-20T07:37:13.756746+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Qumu fails to regain Nasdaq bid price compliance, appeals pending merger at $0.90/share

## Summary
- Nasdaq notified Qumu on Jan 24, 2023 it did not regain compliance with $1.00 minimum bid price requirement.
- Qumu appealed to Nasdaq Hearings Panel on Jan 27, 2023, staying delisting pending decision.
- Merger with Enghouse Interactive: tender offer at $0.90/share commenced Jan 6, 2023, expires Feb 6, 2023.
- If merger not completed, no assurance Qumu can regain compliance or maintain Nasdaq listing.

## SEC filing metadata
- accession: 0001493152-23-002750
- form_type: 8-K
- cik: 0000892482
- company_name: Qumu Corp
- filed_at: 2023-01-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/892482/000149315223002750/0001493152-23-002750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/892482/000149315223002750/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-002750
- JSON: https://secwatch.observer/filing/0001493152-23-002750.json
- Plain text: https://secwatch.observer/filing/0001493152-23-002750.txt

## Key facts
- Listing & Compliance Notices
  Qumu Corp received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: July 26, 2022, Qumu Corporation (the “Company”) received a written notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”), because the closing bid price of the Company’s common stock, par value $0.01 per share (the “Common Stock”), was below $1.00 per share for 30 consecutive business days. The notice provided that the Company had a period of 180 calendar
  evidence_url: https://www.sec.gov/Archives/edgar/data/892482/000149315223002750/0001493152-23-002750-index.htm
- Listing & Compliance Notices
  Qumu Corp received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: ngs Panel or otherwise maintain its listing on Nasdaq; and (iv) other factors as set forth from time to time in the Company’s filings with the SEC, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, as well as the Company’s Solicitation/Recommendation Statement on Schedule 14D-9, the Offer to Purchase and other tender offer documents filed from time to time by Enghouse Systems Limited, Parent, Purchaser and the Company, as applicable. Shareholders cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report.
  evidence_url: https://www.sec.gov/Archives/edgar/data/892482/000149315223002750/0001493152-23-002750-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.