ThredUp Regains Compliance With The Minimum Bid Price Requirement
ThredUp Regains Compliance With The Minimum Bid Price Requirement
On December 4, 2024, ThredUp Inc. (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Nasdaq Minimum Bid Price Requirement") for continued inclusion on The Nasdaq Global Select Market. As previously disclosed in the Company's Current Report on Form 8-K filed on September 27, 2024 (the "September 27 8-K"), the Company received a written notice from Nasdaq on September 24, 2024, notifying the Company that it was not in compliance with the Nasdaq Minimum Bid Price Requirement because its Class A common stock (the "Common Stock") had failed to meet the $1.00 per share minimum bid price requirement for continued inclusion on The Nasdaq Global Select Market. To regain compliance with the Nasdaq Minimum Bid Price Requirement, the Common Stock was required to maintain a closing bid price of $1.00 per share or more for at least 10 consecutive business days. This requirement was met on December 2, 2024.
2024年12月4日，ThredUp Inc.（「公司」）收到納斯達克證券交易所有限責任公司（「納斯達克」）上市資格部門的通知函，告知公司已重新符合納斯達克上市規則5550(a)(2)中規定的最低買盤價格要求（「納斯達克最低買盤價格要求」），以繼續在納斯達克全球精選市場上上市。如公司在2024年9月27日提交的8-K表格當前報告中所披露，2024年9月24日，公司收到納斯達克的書面通知，告知公司未符合納斯達克最低買盤價格要求，因爲其A類普通股（「普通股」）未能達到每股$1.00的最低買盤價格要求，以繼續在納斯達克全球精選市場上上市。爲重新符合納斯達克最低買盤價格要求，普通股需連續10個交易日保持每股$1.00或以上的收盤買盤價格。該要求於2024年12月2日滿足。
譯文內容由第三人軟體翻譯。
