BuzzFeed regains compliance with Nasdaq minimum bid price requirement

BuzzFeed, Inc.

Nasdaq confirmed compliance on May 20, 2024, after bid price remained above $1.00 for 10 consecutive business days.
Company effected a 1-for-4 reverse stock split on May 6, 2024 to help meet the $1.00 minimum closing bid requirement.
The delisting matter is now closed, removing a significant overhang on the Company's listing status.

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