Odyssey Marine Exploration Receives Non-Compliance Notice From Nasdaq Over Delayed 10-Q Filing
Portfolio Pulse from Benzinga Newsdesk
Odyssey Marine Exploration, Inc. received a non-compliance notice from Nasdaq due to a delay in filing its Form 10-Q. The company intends to file the required form with the SEC promptly to regain compliance with Nasdaq Rule 5250(c)(1).
November 29, 2023 | 6:23 am
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Odyssey Marine Exploration received a notice from Nasdaq for not filing its 10-Q on time, which could affect investor confidence and stock price.
Receiving a non-compliance notice from Nasdaq typically has a negative impact on a company's stock price in the short term due to concerns over potential governance issues and the uncertainty it creates. However, the company's intention to file the required form promptly may mitigate some of the negative impact.
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