INSEEGO CORP. (INSG): Nasdaq/NYSE listing notice — Inseego receives Nasdaq delisting notice for bid price below $1.00

INSEEGO CORP.

Received Nasdaq notice on March 24, 2023 for failure to maintain minimum bid price of $1.00 per share for 30 consecutive business days.
Has 180 calendar days, until September 20, 2023, to regain compliance by having closing bid price at least $1.00 for 10 consecutive business days.
If not compliant by Compliance Date, may transfer to Nasdaq Capital Market for an additional 180-day cure period, subject to Staff determination.
Company is considering actions to regain compliance but cannot assure success.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

INSEEGO CORP. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5810(c)(3)(A)).

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

Exact text from the filing

March 24, 2023, Inseego Corp. (the “Company”) received a written notice from the staff (the “Staff”) of the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”), notifying the Company that, for the 30 consecutive business day period between February 9, 2023 through March 23, 2023, the Company’s common stock, $0.001 par value per share (the “Common Stock”), had not maintained a minimum bid price of $1.00 per share, required for continued listing on The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The Nasdaq’s wr

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INSEEGO CORP. filing history →

Source: SEC EDGAR

accession 0001683168-23-001915

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