Assure Holdings Receives Non-Compliance Notice From Nasdaq Due To Late 10-Q Filing
Portfolio Pulse from Benzinga Newsdesk
Assure Holdings has received a non-compliance notice from Nasdaq because it failed to file its 10-Q report on time. The company has until January 22, 2024, to submit a plan to regain compliance with Nasdaq's listing rules. The notice does not currently affect the trading of the company's stock on the Nasdaq Capital Market.
November 29, 2023 | 6:38 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Assure Holdings, trading under the symbol IONM, received a non-compliance notice from Nasdaq for not filing its 10-Q report on time. The company must submit a compliance plan by January 22, 2024, but there is no immediate effect on its stock trading.
While the non-compliance notice is a negative event, indicating potential issues with financial reporting, it does not immediately affect the trading of IONM's stock. However, investors may view this as a sign of potential governance or operational issues, which could affect the stock's performance if not addressed promptly. The company has a 60-day window to submit a plan, which provides some time to address the issue without immediate stock price impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100