Quantum Corporation's announcement of a concrete plan and timeline to file its overdue financial reports and regain compliance with Nasdaq's listing criteria is likely to be viewed positively by investors. The company's proactive approach and detailed planning, including coordination with advisors and auditors on ASC Topic 606, demonstrate a commitment to resolving its regulatory issues. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term, assuming no negative developments arise.