Skift Take

Like Sonder, Vacasa is another example of a company that went public way too early via a special purpose acquisition company, or SPAC, merger.

Vacation rental property manager Vacasa received a notice of delisting from Nasdaq because the company failed to satisfy the minimum bid price listing rule as its common stock traded below $1.00 per share for 30 consecutive business days. 

This is just days after hospitality company Sonder, which leases buildings and operates hotels, received a similar notice from Nasdaq. 

Like Sonder, Vacasa also has a grace period of 180 calendar days (unt