secwatch.observer — SEC 8-K summary
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Issuer:     Digital Media Solutions, Inc. (—)
CIK:        0001725134
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001628280-23-010795
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.01, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DMS acquires HomeQuote.io for $35M; receives NYSE non-compliance notice for low stock price
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- Acquired HomeQuote.io home services marketplace from ClickDealer for $35M cash plus up to $10M contingent consideration payable in cash or stock.
- NYSE notified DMS on March 30, 2023 that average closing price of common stock was below $1.00 over 30 consecutive trading days.
- Company has six months to regain compliance; may consider reverse stock split subject to board and stockholder approval.
- Stock continues trading on NYSE during cure period; no immediate delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725134/000162828023010795/0001628280-23-010795-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725134/000162828023010795/dms-20230330.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-010795

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