ZW Data Action Announces Receipt Of Nasdaq Non-Compliance Notice; Says Requires Additional Time To Prepare, Review And Finalize Its Financial Statements.
Portfolio Pulse from Benzinga Newsdesk
ZW Data Action Technologies Inc. (NASDAQ:CNET) has received a non-compliance notice from Nasdaq due to its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024. The company requires additional time to prepare, review, and finalize its financial statements.
May 20, 2024 | 8:01 pm
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ZW Data Action Technologies Inc. (NASDAQ:CNET) has received a non-compliance notice from Nasdaq due to its failure to timely file its Quarterly Report on Form 10-Q for Q1 2024. This could lead to short-term negative sentiment and potential stock price volatility.
The non-compliance notice from Nasdaq indicates that ZW Data Action Technologies has not met the required filing deadlines, which can lead to negative investor sentiment and potential stock price volatility. The need for additional time to finalize financial statements adds uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100