INSEEGO CORP. (INSG): Nasdaq/NYSE listing notice — Inseego receives Nasdaq exception until March 15, 2024 to regain bid price compliance via reverse stock split

INSEEGO CORP.

Nasdaq granted temporary exception to Bid Price Rule compliance until March 15, 2024.
Inseego plans reverse stock split if needed by March 1, 2024 to meet minimum $1.00 bid price.
Company previously notified of non-compliance with Nasdaq's minimum bid price requirement.

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 0.95

INSEEGO CORP. received a nasdaq extension granted notice regarding minimum bid price (rules 5555(a)(1)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5555(a)(1)

Exact text from the filing

October 9, 2023, Inseego Corp. (the “Company”) received a letter from the hearings panel of the Nasdaq Stock Market (“Nasdaq”) informing the Company that Nasdaq has granted the Company a temporary exception to regain compliance with Nasdaq Rule 5555(a)(1) (the “Bid Price Rule”). The Company has represented that it intends to effect a reverse stock split if necessary to regain compliance no later than March 1, 2024, and described the actions it intends to take to be able to meet that timeline. Accordingly, the Company has been granted an exception until March 15, 2024, to effect the reverse sto

View on SEC.gov

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

INSEEGO CORP. filing history →

Source: SEC EDGAR

accession 0001683168-23-007033

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.