HYDROFARM HOLDINGS GROUP, INC. (HYFM): Nasdaq/NYSE listing notice — Hydrofarm receives Nasdaq delisting notice for bid price below $1.00

HYDROFARM HOLDINGS GROUP, INC.

Nasdaq notified Hydrofarm on March 14, 2024, that its common stock has not met the $1.00 minimum bid price for 30 consecutive business days.
Company has 180 days, until September 10, 2024, to regain compliance by closing at $1.00 for at least 10 consecutive business days.
If compliance not achieved by the deadline, Hydrofarm may seek a second 180-day grace period by meeting other listing standards and effecting a reverse stock split if necessary.
Stock continues to trade on Nasdaq under symbol 'HYFM' with no immediate impact on listing.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

HYDROFARM HOLDINGS GROUP, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

March 14, 2024, Hydrofarm Holdings Group, Inc (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that for the preceding 30 consecutive business days, the Company’s common stock did not maintain a minimum closing bid price of $1.00 per share as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The notice has no immediate effect on the listing or trading of the Company’s common stock, and the common stock will continue to trade on The Nasdaq Global Select Market under t

View on SEC.gov

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

HYDROFARM HOLDINGS GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001628280-24-011478

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.