Leafly Holdings, INC /DE
Market Movers (8-K)
8-K: Leafly Holdings Implements 1-for-500 Reverse Stock Split, Plans Delisting and Delays Name Change
Leafly Holdings, Inc. announced a 1-for-500 reverse stock split effective June 20, 2025, significantly reducing outstanding shares and paving the way for potential deregistration from public reporting, while also delaying its proposed name change.
Delay expected
Worse than expected
Leafly Holdings Inc. announces the postponement of its 2025 annual meeting of stockholders from May 28, 2025, to June 11, 2025.
Delay expected
Leafly Holdings, Inc. has entered into a subscription agreement with its CEO, Yoko Miyashita, to issue a share of Series A Preferred Stock to facilitate a potential reverse stock split.
Leafly Holdings announces the expected date for its 2025 annual stockholders meeting and sets deadlines for stockholder proposals and director nominations.
Leafly Holdings, Inc. announces the appointment of Yoko Miyashita as Secretary and the termination of its Employee Stock Purchase Plan (ESPP).
Leafly Holdings, Inc. will transition to the OTC Pink Open Market after failing to meet Nasdaq's listing requirements, while also extending its convertible debt maturity to July 1, 2025.
Worse than expected
Quarterly Earnings (10-Q)
Leafly Holdings reports a net loss of $1.78 million for Q1 2025, facing revenue declines and substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
10-Q: Leafly Holdings Reports Q3 2024 Results Amidst Financial Challenges and Nasdaq Delisting Concerns
Leafly Holdings reported a decrease in revenue and a net loss for Q3 2024, while also facing substantial doubt about its ability to continue as a going concern and a potential delisting from the Nasdaq Capital Market.
Worse than expected
Capital raise
Leafly Holdings reported a net loss of $3.66 million for the first half of 2024 and faces substantial doubt about its ability to continue as a going concern due to upcoming debt maturities.
Worse than expected
Capital raise
Leafly Holdings reported a net loss of $2.387 million for the first quarter of 2024, alongside a 20% decrease in revenue, while navigating significant financial and operational challenges.
Worse than expected
Capital raise
Annual Reports (10-K)
Leafly Holdings reports a net loss for 2024, grapples with delisting from Nasdaq, and expresses substantial doubt about its ability to continue as a going concern.
Delay expected
Capital raise
Worse than expected
Leafly Holdings experienced a challenging 2023, marked by revenue declines and a net loss, while also implementing cost-saving measures and exploring debt refinancing options.
Capital raise
Worse than expected
Insider Trading (Form 4)
Leafly Holdings, Inc.'s Chief Financial Officer, Suresh Krishnaswamy, reported the disposition of shares to cover tax obligations related to the accelerated vesting of restricted stock units.
Form 4: Leafly Holdings CEO Yoko Miyashita Reports Routine Stock Transactions and Preferred Share Redemption
Leafly Holdings, Inc. CEO and Director Yoko Miyashita filed a Form 4 detailing the withholding of common stock for tax obligations related to RSU vesting and the temporary holding and redemption of Series A Preferred Stock.
CEO Yoko Miyashita reports the disposal of Leafly Holdings common stock to cover tax obligations related to vesting restricted stock units (RSUs).
CFO of Leafly Holdings, Suresh Krishnaswamy, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Leafly CFO Suresh Krishnaswamy reports the vesting of performance-based stock units and related tax withholding.
Leafly Holdings CEO Yoko Miyashita reports the acquisition of 4,188 shares and disposal of 1,242 shares to cover taxes following the vesting of performance-based stock units.
Proxy Statements (Def-14A)
Leafly Holdings, Inc. is seeking stockholder approval for a reverse stock split and a reduction in authorized stock to deregister its common stock and reduce costs associated with being a public reporting company.
Leafly Holdings, Inc. will hold its annual meeting on July 12, 2023, and is seeking stockholder votes on the election of directors, ratification of auditors, and a proposed reverse stock split.
Leafly Holdings will hold its 2024 Annual Meeting of Stockholders virtually on July 25, 2024, to elect directors and ratify the appointment of its independent auditor.
Schedule 13G - Passive Investments
Tenor Capital Management and affiliates report 0% beneficial ownership in Leafly Holdings, Inc. common stock.
Tenor Capital Management Company, L.P., along with Tenor Opportunity Master Fund, Ltd. and Robin Shah, has disclosed a beneficial ownership of 8.5% in Leafly Holdings, Inc.'s common stock.