Connexa Sports Technologies shares are trading lower after the company announced that it received a letter from the Nasdaq regarding the late filing of its quarterly report.
Portfolio Pulse from Benzinga Newsdesk
Connexa Sports Technologies' shares are trading lower following the company's announcement that it received a letter from Nasdaq regarding the late filing of its quarterly report.
September 25, 2023 | 2:42 pm
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Connexa Sports Technologies' shares are trading lower due to the late filing of its quarterly report to Nasdaq.
The late filing of the quarterly report is a regulatory issue that can negatively impact investor confidence in the company's management and financial reporting, leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100