Current Report
Filed: 2026-04-10
Key Insights
- Upland Software received a notification from Nasdaq that its common stock has traded below the $1.00 minimum bid price requirement for the past 30 consecutive business days, putting it at risk of delisting.
- The company has 180 days to regain compliance by maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days, or it may be granted an additional 180-day compliance period.
- If Upland Software is unable to regain compliance within the allotted time, it may appeal the delisting determination, but there is no assurance that the appeal would be successful.