{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-031294","form_type":"8-K","ticker":"SBIG","cik":"0001801602","company_name":"SpringBig Holdings, Inc.","filed_at":"2023-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.298295+00:00","generated_at":"2026-06-11T00:08:37.490514+00:00","sec_items":["3.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SpringBig delisted from Nasdaq, moves to OTCQX Sept 6; three directors resign","bullets":["Company withdrew appeal of Nasdaq delisting for failure to meet minimum market value and bid price requirements; trading suspended Sept 5.","Common stock and warrants expected to begin trading on OTCQX Best Market under SBIG and SBIGW on or about Sept 6.","Three directors (Amanda Lannert, Steven Bernstein, Patricia Glassford) resigned effective Aug 30-31; not due to any disagreements.","Board now comprises Jeffrey Harris, Sergey Sherman, Phil Schwarz, Jon Trauben; Trauben becomes Audit Committee chair.","CFO Paul Sykes states transition reduces costs and complexity, supports goal of positive adjusted EBITDA in H2 fiscal year."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-031294","json":"https://secwatch.observer/filing/0001628280-23-031294.json","markdown":"https://secwatch.observer/filing/0001628280-23-031294.md","text":"https://secwatch.observer/filing/0001628280-23-031294.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023031294/0001628280-23-031294-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023031294/wdq-20230830.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T00:08:37.490514+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f5cc1d0ce4e17f128514eb7f27ea88555577b5f9","claim":"SpringBig Holdings, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).","evidence_excerpt":"September 1, 2023, (i) the Board of Directors of SpringBig Holdings, Inc. (the “Company”) determined that it would not be in the best interest of the Company or its shareholders to meet the continued listing requirements of the Nasdaq Capital Market, (ii) the Company notified the Nasdaq Stock Market LLC (“Nasdaq”) that it was withdrawing its appeal of the Nasdaq Listings Qualification staff’s delist determination dated March 7, 2023, for the Company’s failure to meet the market value of listed securities requirement in Nasdaq Listing Rule 5450(b)(2)(A) and (iii) the Company received a letter f","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023031294/0001628280-23-031294-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5450(b)(2)(A)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"0233ee2bbd","claim":"Amanda Lannert resigned as Director at SpringBig Holdings, Inc..","evidence_excerpt":"On August 30, 2023, Amanda Lannert and on August 31, 2023, Steven Bernstein and Patricia Glassford resigned as members of the Board effective immediately on such dates, as applicable, including as a member of all Board committees of which they are a member.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023031294/0001628280-23-031294-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"2460d9638a","claim":"Patricia Glassford resigned as Director at SpringBig Holdings, Inc..","evidence_excerpt":"On August 30, 2023, Amanda Lannert and on August 31, 2023, Steven Bernstein and Patricia Glassford resigned as members of the Board effective immediately on such dates, as applicable, including as a member of all Board committees of which they are a member.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023031294/0001628280-23-031294-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ecd360296c","claim":"Steven Bernstein resigned as Director at SpringBig Holdings, Inc..","evidence_excerpt":"On August 30, 2023, Amanda Lannert and on August 31, 2023, Steven Bernstein and Patricia Glassford resigned as members of the Board effective immediately on such dates, as applicable, including as a member of all Board committees of which they are a member.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801602/000162828023031294/0001628280-23-031294-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}