EUDA Health Holdings Limited Announces Receipt Of Nasdaq Listing Delinquency Letter
Portfolio Pulse from Benzinga Newsdesk
EUDA Health Holdings Limited (NASDAQ: EUDA) received a delinquency notification letter from Nasdaq due to non-compliance with Listing Rule 5250(c)(1) for failing to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2023. The company has until June 5, 2023, to submit a plan to regain compliance.
May 19, 2023 | 8:05 pm
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EUDA Health Holdings received a Nasdaq delinquency notice for failing to timely file its Quarterly Report, and has until June 5 to submit a compliance plan.
EUDA Health Holdings' failure to timely file its Quarterly Report may negatively impact investor confidence and the company's stock price. The company has a limited time to submit a compliance plan, which adds pressure on management and may lead to short-term stock price decline.
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