COMSovereign Receives Notice From Nasdaq Regarding Delayed Quarterly Report
Portfolio Pulse from Benzinga Newsdesk
COMSovereign has received a notice from Nasdaq regarding a delay in its quarterly report. The company is expected to submit the report soon to avoid any potential penalties.
August 22, 2023 | 8:16 pm
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COMSovereign's delayed quarterly report could potentially impact its standing with Nasdaq and its stock price.
Delayed financial reports can lead to regulatory issues and potential penalties, which can negatively impact a company's stock price. Investors may see this as a sign of potential financial instability, leading to a decrease in stock price.
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