Bridgeline Digital Inc.

09/25/2024 | Press release | Distributed by Public on 09/25/2024 04:01

Material Event Form 8 K

Item 8.01Other Events.
As previously disclosed, on August 9, 2024, Bridgeline Digital, Inc. (the "Company") received a letter from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") indicating that, based upon the closing bid price of the Company's common stock for the thirty-one (31) consecutive business days ended August 8, 2024, the Company no longer satisfied the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2).
On September 19, 2024, the Company received a letter from Nasdaq stating that its Staff has determined the closing bid price of the Company's common stock has been at $1.00 per share or greater from September 5, 2024 to September 18, 2024. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers this matter closed.