NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
UNITED STATES |
OMB APPROVAL |
OMB Number: |
3235-0080 |
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SECURITIES AND EXCHANGE COMMISSION |
Washington, D.C. 20549 |
FORM 25 |
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
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Commission File Number |
001-40049 |
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(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
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Address: |
621 NW 53rd Street, Suite 260 |
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Boca Raton |
FLORIDA |
33487 |
Telephone number: |
| (917) 460-7680 |
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(Address, including zip code, and telephone number, including area code, of Issuer's
principal executive offices)
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Common stock and warrants |
(Description of class of securities)
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Please place an X in the box to designate the rule provision relied upon to strike
the class of securities from listing and registration:
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Pursuant to the requirements fo the Securities Exchange Act of 1934,
Nasdaq Stock Market LLC
certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing the Form 25 and has caused this notification to be
signed on its behalf by the undersigned duly authorized person.
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2023-09-08 |
By |
Aravind Menon |
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Hearings Advisor |
Date |
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Name |
Title |
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1 |
Form 25 and attached Notice will be considered compliance with the provisions of
17 CFR 240.19d-1 as applicable. See General Instructions.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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Delisting Determination, The Nasdaq Stock Market, LLC, September 8, 2023,
SpringBig Holdings, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the common stock and warrants of SpringBig Holdings, Inc.,
effective at the opening of the trading session on September 18, 2023.
Based on review of information provided by the Company, Nasdaq
Staff determined that the Company no longer qualified for listing
on the Exchange pursuant to Listing Rule 5450(b)(2)(A). The Company was
notified of the Staff determination on March 7, 2023.
On March 14, 2023, the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings
Panel (Panel) pursuant to Rule 5815. A Panel hearing was held on
April 20, 2023. On May 8, 2023, upon review of the information
provided by the Company, the Panel determined to grant the Company
request to remain listed in the Exchange subject to a series of
milestones. On June 21, 2023, Staff issued an additional delist
determination for the Company failure to meet the minimum bid price
requirement in Listing Rule 5450(a)(1). The Panel amended its decision
on July 17, 2023. On September 1, 2023, the Company withdrew its
appeal. Following the appeal withdrawal, suspension of trading in
the Company shares was effective at the open of business on
September 5, 2023. The Staff determination to delist the Company
became final on September 5, 2023.