micromobility.com Inc. (MCOM): Nasdaq/NYSE listing notice — micromobility.com receives Nasdaq bid price deficiency notice; 180 days to cure

micromobility.com Inc.

Received Nasdaq deficiency notice on June 15, 2023 for failing to maintain minimum $1.00 bid price.
Has 180 calendar days, until December 12, 2023, to regain compliance.
To regain compliance, closing bid price must be $1.00 or more for ten consecutive business days.
If not compliant, Class A common stock (MCOM) and warrants (MCOMW) may be delisted.
Trading continues uninterrupted while company evaluates options to cure deficiency.

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 0.95

micromobility.com Inc. received a nasdaq deficiency notice notice regarding minimum bid price.

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price

Exact text from the filing

June 15, 2023, we received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating we were not in compliance with the continued listing requirement that we maintain a minimum bid price of $1.00 per share. We have 180 days from receipt of such notice (until December 12, 2023) to remedy such non-compliance. To regain compliance, the Company must maintain a closing bid price of $1.00 or more for ten consecutive business days. In the event we do not regain compliance within the 180-day period, our Class A Common Stock and publicly traded warrants may be

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micromobility.com Inc. filing history →

Source: SEC EDGAR

accession 0001553350-23-000321

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