Mediaco Holding Inc. 8-K

What Happened

• Mediaco Holding Inc. (MDIA) announced on Dec. 22, 2025 that it received a Nasdaq Listing Qualifications deficiency letter dated Dec. 19, 2025, stating the company's common stock closed below the $1.00 minimum bid price for the last 30 consecutive business days under Nasdaq Listing Rule 5550(a)(2).
• Nasdaq has given the company 180 calendar days — until June 17, 2026 — to regain compliance. The company’s shares continue to trade on The Nasdaq Capital Market under the symbol "MDIA" while it seeks to cure the deficiency.

Key Details

• Deficiency date: Nasdaq letter received Dec. 19, 2025; 30 consecutive business days below $1.00 triggered the notice.
• Cure mechanics: If the closing bid is $1.00 or more for 10 consecutive business days before June 17, 2026, Nasdaq will confirm compliance.
• Possible second period: If eligible, the company may request a second 180-day compliance period but must meet market value and other initial listing standards and notify Nasdaq.
• Potential remedies: The company may consider options such as a reverse stock split to regain compliance; there is no assurance of success.

Why It Matters

• For investors, this notice signals a risk that MDIA could be delisted from Nasdaq if it fails to meet the minimum bid price rules, which would likely reduce liquidity and could limit where the shares trade.
• The company retains the right to appeal any delisting determination and has a defined timeframe to cure the deficiency; investors should monitor upcoming trading prices, company announcements, and any corporate actions (e.g., reverse split) aimed at restoring compliance.