regulatory
confidence high
sentiment negative
materiality 0.60
Sharecare, Inc.: Nasdaq/NYSE listing notice — Sharecare receives Nasdaq deficiency notice for bid price below $1.00
Sharecare, Inc.
- Nasdaq letter dated April 5, 2024, citing 30 consecutive trading days with close below $1.00.
- Company has until October 2, 2024, to regain compliance with minimum bid price rule.
- To cure, closing bid price must be at least $1.00 for ten consecutive business days.
- Sharecare may consider a reverse stock split or other options to meet the requirement.
- No immediate impact on listing or trading; stock continues on Nasdaq under symbol SHCR.