Ideanomics Report Receipt Of Notice From Nasdaq Regarding Late Filing Of Quarterly Report On Form 10-Q
Portfolio Pulse from Benzinga Newsdesk
Ideanomics (IDEX) has received a notice from Nasdaq regarding the late filing of its quarterly report on Form 10-Q. The company is expected to submit the report soon to avoid any potential delisting.
August 16, 2023 | 8:38 pm
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Ideanomics' late filing of its quarterly report could potentially lead to a negative impact on its stock price in the short term.
The late filing of the quarterly report is a regulatory issue that could potentially lead to penalties or even delisting from the Nasdaq. This uncertainty could negatively impact investor sentiment and thus the stock price.
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