Sidus Space Inc. (SIDU): Nasdaq/NYSE listing notice — Sidus Space receives Nasdaq deficiency notice for bid price below $1.00

Sidus Space Inc.

Notice from Nasdaq on March 14, 2023: bid price below $1.00 for 30 consecutive business days.
Company has 180 calendar days, until September 11, 2023, to regain compliance.
To comply, closing bid price must be at least $1.00 for ten consecutive business days.
If not compliant by Sept 11, may qualify for a second 180-day period; failure risks delisting.
Company will monitor price and consider available options to regain compliance.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Sidus Space Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

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

Exact text from the filing

March 14, 2023, Sidus Space, Inc. (the “Company”) received written notice (the “ Notice ”) from the Nasdaq Stock Market, LLC (“ Nasdaq ”) indicating that the bid price for the Company’s common stock (the “Common Stock”), for the last 30 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company is not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The Notice has no effect at this time of the Common Stock, which continues to trade on the

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Sidus Space Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-008084

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