Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously reported, on September 19, 2023, the Company received written notice (the "Notice") from the Nasdaq Stock Market, LLC ("Nasdaq") indicating that the bid price for the Company's common stock (the "Common Stock"), for the last 31 consecutive business days, had closed below the minimum $1.00 per share and, as a result, the Company was not in compliance with the $1.00 minimum bid price requirement for the continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule").
On March 19, 2024, the Company received written notification from the Listing Qualifications Department of Nasdaq, granting the Company's request for a 180-day extension to regain compliance the Bid Price Rule. The Company now has until September 16, 2024, to meet the requirement. If at any time prior to September 16, 2024, the bid price of the Company's Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Company will regain compliance with the Bid Price Rule.
If the Company does not regain compliance with the Bid Price Rule during the additional 180-day extension, Nasdaq will provide written notification to the Company that its Common Stock will be delisted. At that time, the Company may appeal the relevant delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq Listing Rules. However, there can be no assurance that, if the Company does appeal the delisting determination by Nasdaq to the hearings panel, that such appeal would be successful.
Nasdaq's extension notice has no immediate effect on the listing or trading of the Company's Common Stock, which will continue to trade on the Nasdaq Capital Market under the symbol “CURI”.
The Company intends to actively monitor the closing bid price of its Common Stock and may, if appropriate, consider implementing available options to regain compliance with the Bid Price Rule under the Nasdaq Listing Rules.
Item 8.01 Other Events.
![Bullish](/static/images/ih2-bull.png)
Recent CURI News
- Curiosity Launches FAST Channel on VIZIO Smart TVs • Business Wire • 07/23/2024 01:00:00 PM
- Curiosity Stream Announces Content Distribution Partnership with Harbour Rights • Business Wire • 06/21/2024 10:00:00 AM
- CuriosityStream Inc. to Participate in the Singular Research Summer Solstice Conference in New York City • Business Wire • 06/17/2024 01:00:00 PM
- Curiosity Stream Presents ‘Summer Doc-Busters’: a Blockbuster Celebration of Powerful Documentaries for the Ultimate Summer Thrill Ride • Business Wire • 06/13/2024 01:00:00 PM
- CuriosityStream Announces Share Repurchase Plan • Business Wire • 06/11/2024 01:00:00 PM
- CuriosityStream President and CEO to Present at the Barrington Research Spring Investment Conference • Business Wire • 05/16/2024 10:00:00 AM
- CuriosityStream Reports Q1 2024 Earnings Results • Business Wire • 05/07/2024 08:05:00 PM
- Curiosity and Estrella MediaCo Partner to Bring New Fast Channels to Samsung TV Plus • Business Wire • 05/02/2024 01:25:00 PM
- CuriosityStream To Report First Quarter 2024 Financial Results on May 7, 2024 • Business Wire • 04/30/2024 08:30:00 PM
- CuriosityStream Announces Fourth Quarter and Full Year 2023 Financial Results and Initiation of Dividend Program • Business Wire • 03/20/2024 08:15:00 PM
- Leading Family-Friendly Streaming Service Kidstream Joins Curiosity's Smart Bundle • Business Wire • 03/19/2024 04:00:00 PM
- One Day University Transforms into Curiosity University, Strengthens Content Offering and Distribution as Subscribers Hit Pivotal Milestone • Business Wire • 03/14/2024 03:00:00 PM
- Curiosity Stream Launches on Apple TV App in 23 European Countries • Business Wire • 03/11/2024 01:00:00 PM
- CuriosityStream To Report Fourth Quarter and Full Year 2023 Financial Results on March 20, 2024 • Business Wire • 03/08/2024 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 07:03:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 07:11:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/22/2024 06:57:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/17/2024 04:16:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 09:50:09 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/27/2023 03:18:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/22/2023 04:03:58 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/04/2023 08:54:14 PM
- Curiosity Taps International Media Industry Veteran Ludo Dufour as Vice President of Licensing • Business Wire • 11/28/2023 02:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/20/2023 08:28:02 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:49:39 PM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM