secwatch / observer
8-K filed August 25, 2023, 7:59 PM ET CIK 0001823882
regulatory confidence high sentiment negative materiality 0.60

Airspan Networks Holdings Inc.: Nasdaq/NYSE listing notice — NYSE American accepts Airspan compliance plan; low-price delisting deadline Jan 10, 2024 remains

Airspan Networks Holdings Inc.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Airspan Networks Holdings Inc. received a nyse_american deficiency notice notice regarding minimum bid price (rules 1003(f)(v)).

Exchange
nyse american
Notice
deficiency notice
Deficiency
minimum bid price
Rules
1003(f)(v)
Exact text from the filing
July 10, 2023 from NYSE American stating that it is not in compliance with the continued listing standard set forth in Section 1003(f)(v) of the Company Guide because the Company’s common stock was selling for a substantial period of time at a low price per share, which NYSE American determined to be a 30-trading day average of less than $0.20 per share. The Notice stated that the Company’s continued listing is predicated on it effecting a reverse stock split of its common stock or otherwise demonstrating sustained price improvement within a reasonable period of time, which NYSE American has d
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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Airspan Networks Holdings Inc. received a nyse_american extension granted notice regarding stockholders equity (rules 1003(a)(i), 1003(a)(ii)).

Exchange
nyse american
Notice
extension granted
Deficiency
stockholders equity
Rules
1003(a)(i), 1003(a)(ii)
Exact text from the filing
August 23, 2023, the Company received a letter from NYSE American stating that NYSE American reviewed and accepted the Plan, providing an extension for compliance with Sections 1003(a)(i) and (ii) of the NYSE American Company Guide until December 9, 2024. The NYSE American staff will review the Company periodically for compliance with the initiatives outlined in the Plan. If the Company is not in compliance with the continued listing standards by December 9, 2024, or if the Company does not make progress consistent with the Plan during the Plan period, the NYSE American staff will initiate del
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Source: SEC EDGAR
accession 0001829126-23-005668
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