Playstudios Inc. has received a notice from the Nasdaq Stock Market stating that its Class A common stock is not in compliance with the minimum bid price requirement, as shares have closed below $1.00 for 30 consecutive business days. The company has 180 calendar days, until May 4, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days. If compliance is not achieved, Playstudios may apply to transfer its listing to the Nasdaq Capital Market for additional time to resolve the deficiency. The company is actively monitoring the situation and considering options such as a reverse stock split but cannot assure continued listing on Nasdaq.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Playstudios Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001823878-25-000055), on November 10, 2025, and is solely responsible for the information contained therein.
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