On October 18, 2023, NextPlay Technologies Receives Notice From Nasdaq Regarding Delayed Q2 Quarterly Report
Portfolio Pulse from Benzinga Newsdesk
NextPlay Technologies, Inc. (NASDAQ:NXTP) has received a notification from Nasdaq due to its failure to submit its Q2 quarterly report on time. The company remains noncompliant with Nasdaq Listing Rule 5250(c)(1) and has until November 2, 2023, to submit an update to the plan to regain compliance. If the company fails to regain compliance within the allotted period, its common stock may be subject to delisting.
October 24, 2023 | 8:47 pm
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NextPlay Technologies has received a notice from Nasdaq due to noncompliance with listing rules. The company's failure to submit its Q2 report on time could potentially lead to its stock being delisted.
The news directly pertains to NextPlay Technologies and its compliance with Nasdaq listing rules. The potential delisting of the company's stock could have a significant negative impact on its stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100