Cardlytics, Inc. - 8-K Filing
Cardlytics received notice from Nasdaq that its stock price fell below $1.00 for 30 consecutive business days, violating listing rules; it has until November 30, 2026 to regain compliance or face delisting. To address this and reduce the number of authorized shares, Cardlytics approved a reverse stock split at a ratio of 1-for-10 effective June 5, 2026, reducing outstanding shares from ~58 million to approximately 5.8 million. (Items: 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, 3.03 Material Modification to Rights of Security Holders, 9.01 Financial Statements and Exhibits)
Tickers: $CDLX