Integrated Media Technology Receives Receipt Of Deficiency Letter From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Integrated Media Technology Limited (NASDAQ:IMTE) has received a deficiency letter from Nasdaq due to its failure to timely file its annual report for the year ended December 31, 2023. This non-compliance with Nasdaq Listing Rule 5250(c)(1) could impact the company's stock price.
May 22, 2024 | 3:37 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Integrated Media Technology Limited has received a deficiency letter from Nasdaq for not filing its annual report on time, which could lead to potential delisting if not rectified.
The deficiency letter from Nasdaq indicates non-compliance with listing rules, which could lead to potential delisting if the issue is not resolved. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100