Edgio, Inc. Receives Expected Non- Compliance Notice From NASDAQ

5/21/24 4:40:46 PM ET

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Edgio, Inc. (NASDAQ:EGIO) (the "Company"), today announced that it received an expected notice (the "Notice") on May 16, 2024 from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because the Company has not yet filed its Quarterly Report on Form 10-Q for the year ended March 31, 2024 (the "Quarterly Report") with the Securities and Exchange Commission (the "SEC"). The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.

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Recent Analyst Ratings for
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Date	Price Target	Rating	Analyst
11/10/2022		Outperform → Market Perform	Northland Capital
11/10/2022	$5.75 → $2.50	Outperform → Market Perform	Cowen

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Appointment Reinforces Edgio's Commitment and Investment in its Security Managed Services, Incident Response, and Threat Intelligence Offerings Edgio, Inc. (NASDAQ:EGIO), the platform of choice for speed, security, and simplicity at the edge, today announced the appointment of Tom Gorup as its Vice President of Security Services. With 15 years of experience in the cybersecurity industry, Gorup will lead the company's security managed services and operations and will report directly to Edgio CTO and GM of Security and Applications, Ajay Kapur. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230808357256/en/Tom Gorup, VP of Secur
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Edgio, Inc. Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax Benefits
Move preserves long-term stockholder value by adopting a rights plan intended to protect tax assets To be submitted for stockholder ratification at 2024 annual meeting of shareholders Edgio, Inc. (NASDAQ:EGIO) (the "Company"), today announced that its Board of Directors (the "Board") has adopted a Tax Benefits Preservation Plan (the "Tax Plan"). The Company has significant U.S. federal and state net operating loss carryforwards ("NOLs"). As of December 31, 2023 the Company has U.S. federal NOLs of approximately $300 million that can be used to offset taxable income. The Tax Plan is designed to protect the availability of the Company's U.S. federal and state NOLs and other tax attrib
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Edgio Reports Third Quarter 2023 Results
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Edgio Announces Listing Transfer to Nasdaq Capital Market
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Edgio, Inc. Receives Expected Non- Compliance Notice From NASDAQ
Edgio, Inc. (NASDAQ:EGIO) (the "Company"), today announced that it received an expected notice (the "Notice") on May 16, 2024 from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") because the Company has not yet filed its Quarterly Report on Form 10-Q for the year ended March 31, 2024 (the "Quarterly Report") with the Securities and Exchange Commission (the "SEC"). The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.
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Edgio Releases Enhancements to Applications Platform Aimed at Accelerating Web Performance for Enterprises
Edgio's improved application features streamline content delivery and improve insights to gauge user satisfaction Edgio, the platform of choice for security, speed and simplicity at the edge, today announced several new enhancements to its applications platform, designed to help companies deliver a high-performing web experience with ease. Updates to the company's Real User Monitoring (RUM) and low-code prefetching capabilities allow Edgio to redefine industry standards for web performance and user experience. Chrome usage data reveals that users spend 90% of their time on a site after it loads, making it crucial to carefully measure site responsiveness throughout the entire page lifecyc
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Edgio, Inc. Launches Strategic Financial Restructuring to Facilitate Sale and Strengthen Operations
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9/9/24 9:29:00 AM ET
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Edgio, Inc. Receives Expected Non- Compliance Notice From NASDAQ

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Recent Analyst Ratings for
$EGIO

$EGIO
Leadership Updates

Live Leadership Updates

Edgio Promotes Todd Hinders to Chief Executive Officer

Edgio Announces New Board of Directors

Edgio Strengthens Global SOC and Security Leadership with Addition of Veteran Security Expert, Tom Gorup

$EGIO
Financials

Live finance-specific insights

Edgio, Inc. Adopts Tax Benefits Preservation Plan Designed to Protect the Availability of Its Tax Benefits

Edgio Reports Third Quarter 2023 Results

Edgio Announces Listing Transfer to Nasdaq Capital Market

$EGIO
Market Insights

Live Market Insights

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