---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-023154"
form_type: "8-K"
ticker: null
cik: "0001705338"
company_name: "Spark Networks SE"
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T19:07:47.744834+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Spark Networks receives Nasdaq delisting notice; forbearance extended to July 14

## Summary
- Nasdaq denies continued listing: ADSs to be suspended June 30 unless appeal filed by June 28.
- Stockholders' deficit of ~$6.8M as of Dec 31, 2022; bid price also below $1 threshold.
- Directors Bradley J. Goldberg and Bangaly Kaba will not stand for re-election at upcoming annual meeting.
- Adrian Frankum of Ankura appointed Special Project Officer with full operational/restructuring authority.
- Forbearance extended to July 14; conditions include Transition Plan by June 30 and board approval by July 7.

## SEC filing metadata
- accession: 0001628280-23-023154
- form_type: 8-K
- cik: 0001705338
- company_name: Spark Networks SE
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1705338/000162828023023154/0001628280-23-023154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705338/000162828023023154/lov-20230622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-023154
- JSON: https://secwatch.observer/filing/0001628280-23-023154.json
- Plain text: https://secwatch.observer/filing/0001628280-23-023154.txt

## Key facts
- Listing & Compliance Notices
  Spark Networks SE received a nasdaq delisting notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: m 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s ADSs from listing and registration on The Nasdaq Stock Market. The Company may appeal Staff’s determination to a Hearings Panel, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. Requests for a hearing and for an extended stay should be submitted electronically through the Nasdaq Listing Center, and must be received no later than 4:00 Eastern Time on June 28, 2023. The fee for a hearing is $20,000. The Company is currently evaluating its options with respec
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705338/000162828023023154/0001628280-23-023154-index.htm
- Listing & Compliance Notices
  Spark Networks SE received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(b)(1)
  source text: April 12, 2023, Company received a letter (the “Nasdaq Staff Deficiency Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s stockholders’ equity as reported in its Annual Report on Form 10-K for the fourth quarter and year ended December 31, 2022 (the “Form 10-K”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-K, the Company reported stockholders’ deficit of approximately $(6,786,0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705338/000162828023023154/0001628280-23-023154-index.htm
- Executive change
  Bradley J. Goldberg departed as director at Spark Networks SE.
  - Action: informed the Company of their intent to not stand for re-election as directors
  - Role: director
  source text: Bradley J. Goldberg and Bangaly Kaba, each informed the Company of their intent to not stand for re-election as directors at the upcoming 2023 Annual Meeting of Shareholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705338/000162828023023154/0001628280-23-023154-index.htm
- Executive change
  Bangaly Kaba departed as director at Spark Networks SE.
  - Action: informed the Company of their intent to not stand for re-election as directors
  - Role: director
  source text: Bradley J. Goldberg and Bangaly Kaba, each informed the Company of their intent to not stand for re-election as directors at the upcoming 2023 Annual Meeting of Shareholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705338/000162828023023154/0001628280-23-023154-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.