Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.9
Digital Media Solutions, Inc. received a nyse noncompliance notice notice regarding minimum bid price (rules 802.01C).
- Exchange
- nyse
- Notice
- noncompliance notice
- Deficiency
- minimum bid price
- Rules
- 802.01C
Exact text from the filing
March 30, 2023, the Company received notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with Rule 802.01C of the NYSE’s Listed Company Manual (“Rule 802.01C”) because the average closing price of the Company's Class A common stock was less than $1.00 over a consecutive 30 trading-day period. Under Rule 802.01C, the Company has a period of six months from receipt of the notice to regain compliance with the NYSE minimum stock price listing requirement. The Company has notified the NYSE of its intent to cure the stock price deficiency and return
View on SEC.gov
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
Digital Media Solutions, Inc. completed an acquisition involving ClickDealer Group (G.D.M. Group Holding Limited, ClickDealer Asia Pte., Ltd., GDMgroup Asia Limited, and ClickDealer Europe BV) for $35 million cash consideration, plus up to $10 million in contingent consideration (closed 2023-03-30).
- Action
- acquisition
- Counterparty
- ClickDealer Group (G.D.M. Group Holding Limited, ClickDealer Asia Pte., Ltd., GDMgroup Asia Limited, and ClickDealer Europe BV)
- Consideration
- $35 million cash consideration, plus up to $10 million in contingent consideration
- Closing
- 2023-03-30
Exact text from the filing
on March 30, 2023, Digital Media Solutions, Inc. (the “Company”) acquired certain assets comprising the HomeQuote.io home services marketplace from G.D.M. Group Holding Limited, a company organized under the laws of Cyprus (“ClickDealer Cyprus”), ClickDealer Asia Pte., Ltd., a company organized in Singapore (“ClickDealer Singapore”), GDMgroup Asia Limited, a company organized in Hong Kong (“ClickDealer HongKong”) and ClickDealer Europe BV, a company organized in the Netherlands (“ClickDealer Netherlands”, and collectively with ClickDealer Cyprus, ClickDealer Singapore, ClickDealer Hong Kong, and any other related entity “ClickDealer”). The Company paid cash consideration of $35 million upon closing of the transaction.
View on SEC.gov