Lifecore Biomedical Gets Notice From Nasdaq Regarding Delayed Annual Report
Portfolio Pulse from Benzinga Newsdesk
Lifecore Biomedical has received a notice from Nasdaq regarding a delay in their annual report. The company has until October 16, 2023, to submit a plan to regain compliance with the Listing Rule.
August 22, 2023 | 8:06 pm
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Lifecore Biomedical has been given a notice by Nasdaq due to a delay in their annual report. They have until October 16, 2023, to submit a plan to regain compliance.
The notice from Nasdaq is a significant regulatory issue for Lifecore Biomedical. Failure to submit a plan for compliance within the given timeframe could lead to further regulatory actions, including potential delisting. This uncertainty could negatively impact the company's stock price in the short term.
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