Reported Earlier, Hanryu Holdings Receives Delinquency Notice From Nasdaq For Late Annual Report Filing
Portfolio Pulse from Benzinga Newsdesk
Hanryu Holdings received a delinquency notice from Nasdaq due to a late annual report filing. The company has 60 days to submit a compliance plan, intending to do so by June 17, 2024.
April 25, 2024 | 7:41 am
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Hanryu Holdings received a delinquency notice from Nasdaq for not filing its annual report on time. The company plans to submit a compliance plan by June 17, 2024.
Receiving a delinquency notice from Nasdaq is a significant negative event that can affect investor confidence and the stock's reputation. The commitment to submit a compliance plan shows intent to rectify the situation, but the uncertainty until June 17, 2024, may negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100