Upland Software receives Nasdaq deficiency notice for failing $15M market value requirement
UPLD is trading near its 52-week low of $4 (9.3% above the low).
Summary
Upland Software received a Nasdaq deficiency notice for failing to meet the $15 million minimum market value of publicly held shares, giving it 180 days to regain compliance.
Key Events · Corporate Governance and Compliance · UPLD
-
Nasdaq Deficiency Notice Received
Upland Software received a notification from Nasdaq on July 31, 2026, stating it no longer meets the $15 million minimum market value of publicly held shares (MVPHS) requirement.
-
180-Day Compliance Period
The company has 180 calendar days, until January 27, 2027, to regain compliance. This requires its MVPHS to close at $15 million or more for a minimum of ten consecutive business days.
-
Follows Recent Compliance Achievement
This new deficiency comes shortly after the company successfully regained compliance with Nasdaq's minimum bid price requirement in July 2026, following a 1-for-10 reverse stock split in June 2026.
Analysis · UPLD · Technology
Upland Software has received a new deficiency notice from Nasdaq, indicating it no longer meets the $15 million minimum market value of publicly held shares requirement. This follows a recent successful resolution of a minimum bid price deficiency. The company has 180 days to regain compliance, or it faces potential delisting. This highlights ongoing challenges with its market valuation and could impact investor confidence and liquidity.
At the time of this filing, UPLD was trading at $4.37 on NASDAQ in the Technology sector, with a market capitalization of approximately $12.8M. The 52-week trading range was $4.00 to $39.10. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.