On December 22, 2023, Collective Audience, Inc., a company incorporated in Delaware and listed on the Nasdaq Stock Market, received two notices from Nasdaq indicating non-compliance with certain listing requirements. Specifically, the company did not meet the minimum market value of listed securities of $50 million and the minimum market value of publicly held shares of $15 million over the past 30 consecutive business days. Collective Audience has been granted a 180-day period, until June 19, 2024, to regain compliance with these requirements. If the company's market values reach the required thresholds for at least ten consecutive business days during this period, Nasdaq will confirm compliance and close the matter. Failure to regain compliance by the deadline may result in delisting, although the company would...Show More

On December 22, 2023, Collective Audience, Inc., a company incorporated in Delaware and listed on the Nasdaq Stock Market, received two notices from Nasdaq indicating non-compliance with certain listing requirements. Specifically, the company did not meet the minimum market value of listed securities of $50 million and the minimum market value of publicly held shares of $15 million over the past 30 consecutive business days. Collective Audience has been granted a 180-day period, until June 19, 2024, to regain compliance with these requirements. If the company's market values reach the required thresholds for at least ten consecutive business days during this period, Nasdaq will confirm compliance and close the matter. Failure to regain compliance by the deadline may result in delisting, although the company would have the right to appeal. The notices do not currently affect the trading of Collective Audience's common stock on the Nasdaq Global Market. The company is exploring options to address the compliance issues and maintain its listing, but there is no certainty of success. The company's CEO, Peter Bordes, signed off on the report dated January 10, 2024.