Envirotech Vehicles Reports Receipt Of Notice From Nasdaq Related To Delayed Filing Of Form 10-Q
Portfolio Pulse from Benzinga Newsdesk
Envirotech Vehicles has received a notice from Nasdaq due to a delay in filing its Form 10-Q. The company is required to submit a plan within 60 days to regain compliance.
August 23, 2023 | 10:24 am
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Envirotech Vehicles has been notified by Nasdaq about a delay in filing its Form 10-Q. The company must submit a plan to regain compliance within 60 days.
The receipt of a notice from Nasdaq due to a delay in filing Form 10-Q is a negative event for Envirotech Vehicles. It indicates potential regulatory issues and could lead to a loss of investor confidence, which may negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100