UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 8.01 Other Events.
On December 14, 2020, Leaf Group Ltd. (the “Company”) issued a press release announcing that on December 10, 2020 the Company received written notice from the New York Stock Exchange (“NYSE”) stating that the Company had regained compliance with the NYSE’s minimum market capitalization and shareholders’ equity requirements for the past two quarters and is now considered in compliance with the NYSE quantitative continued listing standards. As a result, the below compliance (“.BC”) indicator will no longer be transmitted. The Company will be subject to a standard 12-month follow-up period within which the Company will be reviewed to ensure that the Company does not fall below any of the NYSE’s continued listing standards. A copy of this press release is attached hereto as Exhibit 99.1, and the information contained therein is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. | Description | |
99.1 | Press release, dated December 14, 2020. | |
104 | Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibits 101) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LEAF GROUP LTD. | ||
Date: December 14, 2020 | By: |
/s/ Adam Wergeles |
Adam Wergeles | ||
Executive Vice President and General Counsel |
Exhibit 99.1
Leaf Group Ltd. Regains Compliance with
NYSE Continued Listing
Standards
SANTA MONICA, Calif., December 14, 2020 (GLOBE NEWSWIRE) – Leaf Group Ltd. (NYSE:LEAF) (the “Company”), a diversified consumer internet company, announced today that on December 10, 2020, the Company received written notice from the New York Stock Exchange (“NYSE”) stating that the Company had regained compliance with the NYSE’s minimum market capitalization and shareholders’ equity requirements for the past two quarters and is now considered in compliance with the NYSE quantitative continued listing standards as set forth in Section 8 of the NYSE Company Manual. Further, as a result, the below compliance (“.BC”) indicator will no longer be transmitted.
About Leaf Group
Leaf Group Ltd. (NYSE: LEAF) is a diversified consumer internet company that builds enduring, creator-driven brands that reach passionate audiences in large and growing lifestyle categories, including fitness and wellness (Well+Good, Livestrong.com and MyPlate App), and home, art and design (Saatchi Art, Society6 and Hunker). For more information about Leaf Group, visit www.leafgroup.com.
# # #
Investor Contact
Shawn Milne
SVP Corporate Finance and Investor Relations
310-656-6346
shawn.milne@leafgroup.com
Media Contact
Sharna Daduk
Vice President, Communications
sharna.daduk@leafgroup.com
Cover |
Dec. 10, 2020 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Dec. 10, 2020 |
Entity File Number | 001-35048 |
Entity Registrant Name | LEAF GROUP LTD. |
Entity Central Index Key | 0001365038 |
Entity Tax Identification Number | 20-4731239 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 1655 26th Street |
Entity Address, City or Town | Santa Monica |
Entity Address, State or Province | CA |
Entity Address, Postal Zip Code | 90404 |
City Area Code | 310 |
Local Phone Number | 656-6253 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock, $0.0001 par value |
Trading Symbol | LEAF |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
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