Reported Earlier, Mitek Granted Extension By Nasdaq For Continued Listing Pending Compliance With Filing Requirement
Portfolio Pulse from Benzinga Newsdesk
Mitek, a leader in digital identity and fraud prevention, received an extension from the Nasdaq Hearings Panel for continued listing on the Nasdaq Capital Market. The extension is contingent on Mitek filing its Q1 Form 10-Q by April 15, 2024, to comply with Nasdaq Listing Rule 5250(c)(1) and other conditions.
April 04, 2024 | 7:26 am
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Mitek has been granted an extension by the Nasdaq to remain listed, conditional on filing its overdue Q1 Form 10-Q by April 15, 2024.
The extension granted by Nasdaq is a positive development for Mitek, as it provides the company with additional time to comply with listing requirements. This news is likely to be viewed positively by investors, as it reduces the immediate risk of delisting. However, the company must still meet the April 15, 2024, deadline to file its Q1 Form 10-Q, which adds a condition to this positive outlook.
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