Mesa Air Group Reveals Receipt Of Notice From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Mesa Air Group has received a notice from Nasdaq regarding non-compliance with a Listing Rule. The company has until October 16, 2023, to submit a plan to regain compliance.
January 09, 2024 | 9:17 pm
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NEGATIVE IMPACT
Mesa Air Group has been notified by Nasdaq about a non-compliance issue with its Listing Rule, and it has 60 days to submit a compliance plan.
Receiving a notice of non-compliance from Nasdaq is a negative event that can lead to concerns about the company's ability to meet listing standards. This could potentially result in a decrease in investor confidence and a negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100