---
schema_version: "secwatch.filing_event.v1"
accession: "0001819113-22-000111"
form_type: "8-K"
ticker: null
cik: "0001819113"
company_name: "Science 37 Holdings, Inc."
filed_at: "2022-12-30T23:59:59+00:00"
generated_at: "2026-06-20T21:36:03.315587+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Science 37 receives Nasdaq deficiency notice for bid price below $1; cure deadline June 26, 2023

## Summary
- Nasdaq notified Science 37 on Dec 27, 2022 that its stock closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until June 26, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by June 26, Science 37 may transfer to Nasdaq Capital Market for an additional 180-day cure period.
- To qualify for extension, Science 37 must meet continued listing standards and may need to effect a reverse stock split.

## SEC filing metadata
- accession: 0001819113-22-000111
- form_type: 8-K
- cik: 0001819113
- company_name: Science 37 Holdings, Inc.
- filed_at: 2022-12-30T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819113/000181911322000111/0001819113-22-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819113/000181911322000111/snce-20221227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819113-22-000111
- JSON: https://secwatch.observer/filing/0001819113-22-000111.json
- Plain text: https://secwatch.observer/filing/0001819113-22-000111.txt

## Key facts
- Listing & Compliance Notices
  Science 37 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 27, 2022, Science 37 Holdings, Inc. (the “Company”) received a deficiency notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1) because the closing bid price for the Company’s common stock was below $1.00 per share for the previous 30 consecutive business days. The notification had no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Global Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819113/000181911322000111/0001819113-22-000111-index.htm

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