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Rent the Runway has been told it might be removed from Nasdaq for not meeting share value rules, but has 180 days to fix it.

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Bad for RENT

Rent the Runway no longer meets Nasdaq's $15 million public-share value rule after 39 business days. Trading continues during the time it has to fix this, but failure to do so could lead to delisting.

RENT · Rent the Runway, Inc.

AI read · Bad for RENT

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This puts its continued Nasdaq listing at risk. It has until May 3, 2027, to meet the rule and may ask to move to Nasdaq's Capital Market, subject to approval. Trading continues now, but the company says there is no assurance it can fix the problem.

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