Item 3.01    Notice of Delisting or Failure to Satisfy a Continued Listing Rule

             or Standard? Transfer of Listing.


(a)       By letter dated December 27, 2019, Performant Financial Corporation
          (the "Company") received notice from the Listing Qualifications
          Department of the NASDAQ Stock Market ("NASDAQ") that based upon the
          closing bid price of the Company's shares of common stock for the last
          30 consecutive business days, the Company no longer meets the
          requirement set forth in NASDAQ Rule 5450(a)(1), which requires listed
          securities to maintain a minimum bid price of $1 per share (the
          "Minimum Bid Price Rule"). In accordance with NASDAQ Rule
          5810(c)(3)(A), the Company has been provided with a period of 180
          calendar days, or until June 24, 2020, to regain compliance with the
          Minimum Bid Price Rule. The Company may regain compliance with the
          Minimum Bid Price Rule if the bid price of its common stock closes at
          $1.00 per share or more for a minimum of 10 consecutive business days
          at any time prior to June 24, 2020. The Company is considering
          available options to regain compliance with NASDAQ's Minimum Bid Price
          Rule.








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