06/09/2025 | Press release | Distributed by Public on 06/09/2025 14:02
Item 7.01. Regulation FD Disclosure.
As previously disclosed, QVC Group, Inc. (the "Company") received written notice from The Nasdaq Stock Market ("Nasdaq") of its non-compliance with the minimum bid price requirement for continued listing of the Company's Series A common stock ("QVCGA") and was given until June 9, 2025 (the "Compliance Date") to comply with the minimum bid price requirement for continued listing of QVCGA (the "Minimum Bid Price Requirement"), subject to the Company's confirmation that, if necessary to regain compliance with the Minium Bid Price Requirement prior to the Compliance Date, the Company would effect a reverse stock split of QVCGA. As previously disclosed, the Company effected a reverse stock split of QVCGA and the Company's Series B common stock at a ratio of 1-for-50 after market close on May 22, 2025.
On June 9, 2025, the Company received written notice from Nasdaq that it had regained compliance with the Minimum Bid Price Requirement prior to the Compliance Date, as the closing bid price for QVCGA had been $1.00 or greater for the prior ten consecutive business days (from May 23, 2025 to June 6, 2025).