Orbital Infrastructure Receives Nasdaq Delinquency Letter Regarding Late Filing Of Quarterly Report On Form 10-Q
Portfolio Pulse from Benzinga Newsdesk
Orbital Infrastructure has received a delinquency letter from Nasdaq due to the late filing of its quarterly report on Form 10-Q.
August 23, 2023 | 11:36 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Orbital Infrastructure's late filing of its quarterly report could potentially lead to regulatory issues and impact its stock price.
The late filing of the quarterly report is a violation of Nasdaq's regulations, which could lead to penalties or even delisting. This news could negatively impact investor confidence and result in a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100