Alliance Entertainment Announces Receipt Of Notice From Nasdaq Regarding Late Filing Of Annual Report On Form 10-K
Portfolio Pulse from Benzinga Newsdesk
Alliance Entertainment has received a notice from Nasdaq regarding the late filing of its annual report on Form 10-K. The company is expected to submit the report soon to avoid any potential penalties.
October 10, 2023 | 8:02 pm
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NEGATIVE IMPACT
Alliance Entertainment's late filing of its annual report could potentially lead to penalties from Nasdaq, which may negatively impact the company's stock price in the short term.
The late filing of the annual report is a regulatory issue that could lead to penalties from Nasdaq. This could create a negative sentiment among investors, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100