---
schema_version: "secwatch.filing_event.v1"
accession: "0001828972-23-000112"
form_type: "8-K"
ticker: "BZFD"
cik: "0001828972"
company_name: "BuzzFeed, Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:29:45.069461+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BuzzFeed receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Nasdaq notified BuzzFeed on May 31, 2023 that its stock closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until Nov 27, 2023, to regain compliance by closing at $1.00 or more for 10 consecutive days.
- If not compliant by Nov 27, BuzzFeed may qualify for a second 180-day compliance period subject to meeting other listing standards.
- Stockholders elected Janet Roll and Adam Rothstein as Class II directors and approved officer liability limitation amendment.
- Deloitte & Touche LLP ratified as independent auditor for FY2023.

## SEC filing metadata
- accession: 0001828972-23-000112
- form_type: 8-K
- ticker: BZFD
- cik: 0001828972
- company_name: BuzzFeed, Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000112/0001828972-23-000112-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000112/bzfd-20230531.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828972-23-000112
- JSON: https://secwatch.observer/filing/0001828972-23-000112.json
- Plain text: https://secwatch.observer/filing/0001828972-23-000112.txt

## Key facts
- Listing & Compliance Notices
  BuzzFeed, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: May 31, 2023, BuzzFeed, Inc. (the “ Company ”) received a letter (the “ Notice ”) from the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, for the previous 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Global Market under Nasdaq Listing Rule 5550(a)(2) (the “ Bid Price Requirement ”). The Notice has no effect at this time on the Company’s common stock or warrants, which continue to trade on The Nasdaq
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000112/0001828972-23-000112-index.htm
- Governance Changes
  BuzzFeed, Inc.: Amendment to certificate of incorporation to eliminate or limit monetary liability of certain officers for breach of fiduciary duty of care (effective 2023-06-02).
  - Change: charter amendment
  - Effective: 2023-06-02
  source text: the Company’s stockholders approved an amendment to the Company’s second amended and restated certificate of incorporation to eliminate or limit the monetary liability of certain of the Company’s officers for breach of the fiduciary duty of care
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000112/0001828972-23-000112-index.htm
- Shareholder Votes
  BuzzFeed, Inc. shareholders approved Election of Directors at the 2023-05-31 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-31
  source text: on May 31, 2023, the Company held its 2023 annual meeting of stockholders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000112/0001828972-23-000112-index.htm
- Shareholder Votes
  BuzzFeed, Inc. shareholders approved Approval of Amendment to our Second Amended and Restated Certificate of Incorporation to Limit the Liability of Certain Officers of the Company as Permitted by Recent Amendments to the DGCL at the 2023-05-31 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-05-31
  source text: the Company's stockholders approved an amendment to the Company's second amended and restated certificate of incorporation to eliminate or limit the monetary liability of certain of the Company's officers for breach of the fiduciary duty of care
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828972/000182897223000112/0001828972-23-000112-index.htm

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