---
schema_version: "secwatch.filing_event.v1"
accession: "0001801602-22-000056"
form_type: "8-K"
ticker: "SBIG"
cik: "0001801602"
company_name: "SpringBig Holdings, Inc."
filed_at: "2022-12-27T23:59:59+00:00"
generated_at: "2026-06-20T22:53:43.624768+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SpringBig receives Nasdaq bid price deficiency notice; has until June 19, 2023 to regain compliance

## Summary
- Nasdaq notified SpringBig that common stock bid price closed below $1.00 for 30 consecutive business days as of Dec 20, 2022.
- Company has 180 calendar days (until June 19, 2023) to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not cured, may transfer to Nasdaq Capital Market for additional 180-day period, subject to meeting other listing standards.
- Failure to cure could lead to delisting; company is reviewing options including a potential reverse stock split.
- Stock and warrants continue trading under SBIG and SBIGW; no immediate effect on listing.

## SEC filing metadata
- accession: 0001801602-22-000056
- form_type: 8-K
- ticker: SBIG
- cik: 0001801602
- company_name: SpringBig Holdings, Inc.
- filed_at: 2022-12-27T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801602/000180160222000056/0001801602-22-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801602/000180160222000056/form8-kx1shareprice.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801602-22-000056
- JSON: https://secwatch.observer/filing/0001801602-22-000056.json
- Plain text: https://secwatch.observer/filing/0001801602-22-000056.txt

## Key facts
- Listing & Compliance Notices
  SpringBig Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: December 20, 2022, the Company received a letter from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) providing notification that, for the previous 30 consecutive business days, the bid price for the Company’s common stock had closed below the $1.00 per share minimum bid price requirement for continued listing under Nasdaq Listing Rule 5450(a)(1). The notice has no immediate effect on the listing of the Company’s common stock or warrants, and its common stock and warrants will continue to trade on The Nasdaq Global Market under the symbol “SBIG” and “SBIGW” respectively. In
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801602/000180160222000056/0001801602-22-000056-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.