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-0.0732159406858202 -0.0732159406858202 -0.0732159406858202 0.0349088662341674 0.0349088662341674 0.0349088662341674 0.0349088662341674 0.0349088662341674
Stock impact report

Urgently Notified By Nasdaq Of Non-Compliance With Nasdaq Minimum Bid Price Requirement

Urgent.ly Inc. (ULY) 
Company Research Source: GlobeNewswire
VIENNA, Va., Oct. 04, 2024 (GLOBE NEWSWIRE) -- Urgent.ly Inc. (Nasdaq: ULY) (“Urgently”), a U.S.-based leading provider of digital roadside and mobility assistance technology and services, announced today that The Nasdaq Stock Market LLC (“Nasdaq”) notified Urgently (the “Notice”) that Urgently is not in compliance with Nasdaq’s Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”) because the minimum bid price of Urgently’s common stock was below $1.00 per share for 30 consecutive business days. The Notice has no immediate effect on the listing or trading of Urgently’s common stock on The Nasdaq Capital Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), Urgently has 180 calendar days, or until March 31, 2025, to regain compliance with the Minimum Bid Price Requirement (the “Compliance Period”). To regain compliance, the closing bid price of Urgently’s common stock must be at least $1.00 per share for a minimum of ten consecutive business days during the Compli Show less Read more
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