SpringBig announces transition to the OTCQX

SpringBig Holdings announced that it expects its securities will be delisted from the Nasdaq Capital Market and that it expects its common stock and public warrants to be quoted on the OTCQX Best Market under the symbols “SBIG” and “SBIGW” respectively, beginning on or about September 6, 2023. The company’s securities, as previously announced, have not been in compliance with the listing requirements of the Nasdaq Stock Market, specifically with the minimum market value of listed securities requirement and the minimum bid price requirement, and the company has not been able to evidence compliance within the extended time period granted by the Nasdaq Hearings Panel on May 8, 2023. The company expects that the Nasdaq will file a Form 25 relating to delisting on or about September 5, 2023. The company’s common stock and public warrants will continue to be registered under the Securities and Exchange Act of 1934, as amended, and the company’s obligation to file periodic reports under the Exchange Act will continue.