---
schema_version: "secwatch.filing_event.v1"
accession: "0001801602-23-000102"
form_type: "8-K"
ticker: "SBIG"
cik: "0001801602"
company_name: "SpringBig Holdings, Inc."
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:16:04.614002+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SpringBig receives Nasdaq delisting notice for continued bid price non-compliance

## Summary
- Received formal Nasdaq notice on June 21, 2023 for failing to meet minimum $1.00 bid price requirement.
- Company did not regain compliance by June 19, 2023 deadline, following earlier 180-day grace period.
- Nasdaq Hearing Panel had granted extension to September 5, 2023, to evidence compliance; now at risk.
- Company is working to meet listing criteria but can provide no assurance of successful compliance.

## SEC filing metadata
- accession: 0001801602-23-000102
- form_type: 8-K
- ticker: SBIG
- cik: 0001801602
- company_name: SpringBig Holdings, Inc.
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801602/000180160223000102/0001801602-23-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801602/000180160223000102/form8-kxletterfromnasdaq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801602-23-000102
- JSON: https://secwatch.observer/filing/0001801602-23-000102.json
- Plain text: https://secwatch.observer/filing/0001801602-23-000102.txt

## Key facts
- Listing & Compliance Notices
  SpringBig Holdings, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(1)
  source text: June 21, 2023, SpringBig Holdings, Inc. (the “Company”) received formal notice from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the Company’s continued non-compliance with the minimum $1.00 bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(1) (the “Bid Price Rule’), the deficiency could serve as an additional basis for the delisting of the Company’s securities from Nasdaq. The Company previously presented its plan to regain compliance with the Bid Price R
  evidence_url: https://www.sec.gov/Archives/edgar/data/1801602/000180160223000102/0001801602-23-000102-index.htm

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