Advantage Solutions Inc. 8-K
Accession 0001193125-26-008903
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 4:05 PM ET
Size
254.8 KB
Accession
0001193125-26-008903
Research Summary
AI-generated summary of this filing
Advantage Solutions Inc. Receives Nasdaq Notice Over $1.00 Bid Deficiency
What Happened
Advantage Solutions Inc. announced in an 8‑K that on January 7, 2026 it received a notice from The Nasdaq Stock Market LLC stating the company does not meet the $1.00 minimum closing bid price requirement under Nasdaq Listing Rule 5450(a)(1). Under Listing Rule 5810(c)(3)(A), the company has 180 calendar days — until July 6, 2026 — to regain compliance by having a closing bid of at least $1.00 per share for ten consecutive business days. The notice does not have an immediate effect on the company’s listing. The 8‑K was filed January 9, 2026 and signed by CFO Christopher Growe.
Key Details
- Notice date: January 7, 2026; 180‑day cure period ends July 6, 2026.
- Cure requirement: closing bid ≥ $1.00 for at least 10 consecutive business days during the 180‑day period.
- If not cured, the company may apply to transfer to The Nasdaq Capital Market for additional time (must meet market value of publicly held shares and other initial listing standards except the minimum bid price, and pay an application fee).
- If compliance isn’t achieved within allowed periods (including any Nasdaq extensions), Nasdaq may move to delist the common stock; the company can appeal that determination.
Why It Matters
This notice is a formal step that signals a risk to the company’s Nasdaq Global Select Market listing if the stock price does not recover. Delisting or a transfer to a different market tier could affect liquidity, trading convenience, and investor perception. Investors should monitor the company’s closing bid price, follow company updates on any remediation actions, and be aware of the July 6, 2026 deadline and any subsequent notifications from Nasdaq.
Documents
- 8-Kadv-20260107.htmPrimary
8-K
- EX-101.SCHadv-20260107.xsd
XBRL TAXONOMY EXTENSION SCHEMA WITH EMBEDDED LINKBASES DOCUMENT
- XMLR1.htm
IDEA: XBRL DOCUMENT
- XMLShow.js
IDEA: XBRL DOCUMENT
- XMLreport.css
IDEA: XBRL DOCUMENT
- XMLFilingSummary.xml
IDEA: XBRL DOCUMENT
- JSONMetaLinks.json
IDEA: XBRL DOCUMENT
- ZIP0001193125-26-008903-xbrl.zip
IDEA: XBRL DOCUMENT
- XMLadv-20260107_htm.xml
IDEA: XBRL DOCUMENT
Issuer
Advantage Solutions Inc.
CIK 0001776661
Related Parties
1- filerCIK 0001776661
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 4:05 PM ET
- Size
- 254.8 KB