By Kelly Cloonan
BuzzFeed failed to comply with the Nasdaq's minimum bid requirement for continued listing on the stock exchange.
The bid price on the media company's common stock closed below the $1 per share price requirement for the previous 30 business days leading up to March 2, according to a Tuesday filing with the Securities and Exchange Commission.
Nasdaq provided the company with an initial period of 180 calendar days, or until Aug. 31, to regain compliance. The company will regain compliance if the stock closes at $1 or more for at least 10 consecutive business days during that period.
The company may qualify for an additional 180 calendar day period to regain compliance afterward.
BuzzFeed said it intends to monitor the closing bid price of its stock and may consider available options to regain compliance.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
March 03, 2026 17:06 ET (22:06 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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