Laser Photonics Receives Nasdaq Notice For Non-Compliance Due To Delayed Q2 2024 Filing, Given 60 Days To Submit Compliance Plan With Potential 180-Day Extension
Portfolio Pulse from Benzinga Newsdesk
Laser Photonics has received a notice from Nasdaq for non-compliance due to a delayed Q2 2024 filing. The company has 60 days to submit a compliance plan and may receive a 180-day extension.
August 27, 2024 | 12:18 pm
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Laser Photonics has been notified by Nasdaq for non-compliance due to a delayed Q2 2024 filing. The company has 60 days to submit a compliance plan, with a potential 180-day extension.
The non-compliance notice from Nasdaq is a significant regulatory issue that could impact investor confidence and the stock price negatively in the short term. The company has a limited timeframe to address the issue, which adds uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100