{"id":787543,"date":"2023-10-02T19:28:15","date_gmt":"2023-10-02T23:28:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/"},"modified":"2023-10-02T19:28:15","modified_gmt":"2023-10-02T23:28:15","slug":"leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/","title":{"rendered":"Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement<\/b><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLeafly Holdings, Inc. (\u201cLeafly\u201d or \u201cthe Company\u201d) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that on September 29, 2023, it received formal notice from The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) confirming Leafly has regained compliance with the minimum bid price rule set forth in Nasdaq Listing Rule 5550(a)(2) (the \u201cRule\u201d).<\/p>\n<p>\nOn November 2, 2022, Leafly received notification from Nasdaq that the Company was not in compliance with the Rule. To regain compliance with the Rule, the Company\u2019s common shares were required to maintain a minimum closing bid price of $1.00 for at least 10 consecutive business days, which was achieved on September 25, 2023. As a result, the listing matter is now closed.<\/p>\n<p><b>About Leafly<\/b><\/p>\n<p>\nLeafly helps millions of people discover cannabis each year. The company\u2019s powerful tools help shoppers make informed purchasing decisions and empower cannabis businesses to attract and retain loyal customers through advertising and technology services. Learn more at Leafly.com or download the Leafly mobile app through Apple\u2019s App Store or Google Play.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231002407331r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20231002407331\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20231002407331\/en\/<\/a><\/span><\/p>\n<p>\nJosh Deberge<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:josh.deberge@leafly.com\">josh.deberge@leafly.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Washington<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Tobacco Advertising Cannabis Communications Software Retail Natural Resources Online Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231002407331\/en\/790992\/3\/Copy_of_logo-green.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement SEATTLE&#8211;(BUSINESS WIRE)&#8211; Leafly Holdings, Inc. (\u201cLeafly\u201d or \u201cthe Company\u201d) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that on September 29, 2023, it received formal notice from The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) confirming Leafly has regained compliance with the minimum bid price rule set forth in Nasdaq Listing Rule 5550(a)(2) (the \u201cRule\u201d). On November 2, 2022, Leafly received notification from Nasdaq that the Company was not in compliance with the Rule. To regain compliance with the Rule, the Company\u2019s common shares were required to maintain a minimum closing bid price of $1.00 for at least 10 consecutive business days, which was achieved on &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-787543","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement SEATTLE&#8211;(BUSINESS WIRE)&#8211; Leafly Holdings, Inc. (\u201cLeafly\u201d or \u201cthe Company\u201d) (NASDAQ: LFLY), a leading online cannabis discovery marketplace and resource for cannabis consumers, today announced that on September 29, 2023, it received formal notice from The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) confirming Leafly has regained compliance with the minimum bid price rule set forth in Nasdaq Listing Rule 5550(a)(2) (the \u201cRule\u201d). On November 2, 2022, Leafly received notification from Nasdaq that the Company was not in compliance with the Rule. To regain compliance with the Rule, the Company\u2019s common shares were required to maintain a minimum closing bid price of $1.00 for at least 10 consecutive business days, which was achieved on &hellip; Continue reading &quot;Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-02T23:28:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20231002407331r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement\",\"datePublished\":\"2023-10-02T23:28:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\"},\"wordCount\":232,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20231002407331r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/leafly-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\",\"name\":\"Leafly Regains Compliance with Nasdaq Minimum Bid Price Requirement - 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