Big 5 Sporting Goods Corporation has announced a regulatory issue concerning its listing on The Nasdaq Global Market. On May 13, 2025, the company received a written notice from Nasdaq indicating non-compliance with the $1.00 minimum bid price requirement stipulated in Listing Rule 5450(a)(1). Big 5 Sporting Goods has until November 10, 2025, to meet this requirement by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. If compliance is not achieved by the deadline, the company may seek additional time by applying for a transfer to The Nasdaq Capital Market. Failure to resolve the issue could lead to delisting, though the company can appeal Nasdaq's decision. Big 5 Sporting Goods is currently exploring options to comply with the requirement.
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