Reported Friday, IMAC Holdings Receives Nasdaq Deficiency Notice Due To Delayed Filing Of Quarterly Report, Commits To Regaining Compliance
Portfolio Pulse from Benzinga Newsdesk
IMAC Holdings has received a Nasdaq deficiency notice due to a delayed filing of its quarterly report. The company has until October 20, 2024, to submit a compliance plan and may receive an extension until February 17, 2025, if accepted by Nasdaq.
August 26, 2024 | 6:45 am
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IMAC Holdings has received a Nasdaq deficiency notice due to a delayed filing of its quarterly report. The company has until October 20, 2024, to submit a compliance plan and may receive an extension until February 17, 2025, if accepted by Nasdaq.
The deficiency notice from Nasdaq indicates a regulatory issue that could negatively impact investor confidence in the short term. The company's commitment to regaining compliance is positive, but the uncertainty until compliance is achieved may pressure the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100