ESPORTS ENTERTAINMENT GROUP, INC. (GMBL): Nasdaq/NYSE listing notice — Esports Entertainment receives Nasdaq bid price deficiency notice; 180 days to regain compliance

ESPORTS ENTERTAINMENT GROUP, INC.

Nasdaq notified that common stock bid price closed below $1.00 for 30 consecutive business days.
Company has until March 4, 2024 to regain compliance; needs $1.00 close for 10 consecutive days.
Trading of common stock and other securities remains unaffected during the cure period.
Company remains subject to a Panel Monitor through June 13, 2024 for prior equity deficiency.
Management is evaluating alternatives to resolve the bid price deficiency.

Key facts

Extracted from this filing and checked against the source text.

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

ESPORTS ENTERTAINMENT GROUP, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(b)).

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

Exact text from the filing

September 6, 2023, Esports Entertainment Group, Inc. (the “Company”) received a deficiency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s common stock had closed below $1.00 per share for longer than the previous 30 consecutive business days. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days from the date of such notice, or until March 4, 2024, to regain compliance with the minimu

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ESPORTS ENTERTAINMENT GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-032127

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