secwatch / observer
8-K filed December 28, 2023, 6:59 PM ET ticker PHUN CIK 0001665300
regulatory confidence high sentiment negative materiality 0.85

Phunware, Inc. (PHUN): Nasdaq/NYSE listing notice — Phunware faces Nasdaq delisting for low bid price; board chair resigns

Phunware, Inc.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Ryan Costello

Chairperson of the Board
PHUN · Phunware, Inc.
Effective
2023-12-31
Filed
December 28, 2023, 6:59 PM ET
On December 22, 2023, Ryan Costello notified the Company of his voluntary resignation from our board of directors (the "Board") and from the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee of the Board, effective December 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Phunware, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(c)(3)(A)(iii)).

Exchange
nasdaq
Notice
delisting notice
Deficiency
minimum bid price
Rules
5810(c)(3)(A)(iii)
Exact text from the filing
December 21, 2023, the Company received a letter from Nasdaq notifying the Company that, as of December 20, 2023, the Company's common stock had a closing bid price of $0.10 or less for ten consecutive trading days and that, consistent with Nasdaq Listing Rule 5810(c)(3)(A)(iii), the Nasdaq had determined to delist the Company's common stock from the Nasdaq Capital Market. The notice further provides that the Company has until December 28, 2023 to appeal the Nasdaq's decision to delist the Company's common stock. Furthermore, on December 22, 2023, the Company timely submitted a request for a h
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan Costello resigned as Chairperson of the Board at Phunware, Inc..

Action
resigned
Role
Chairperson of the Board
Exact text from the filing
On December 22, 2023, Ryan Costello notified the Company of his voluntary resignation from our board of directors (the "Board") and from the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee of the Board, effective December 31, 2023.
View on SEC.gov

20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Phunware, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-23-042799
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