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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NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100