Direct Digital Recieves Receipt Of Anticipated Additional Delinquency Notice From The Listing Qualifications Department Of The Nasdaq Stock Market
Portfolio Pulse from Benzinga Newsdesk
Direct Digital Holdings, Inc. received a delinquency notice from Nasdaq due to a delay in filing its Q2 Form 10-Q, risking non-compliance with Nasdaq's listing rules and potential delisting.
August 27, 2024 | 8:14 pm
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Direct Digital Holdings received a delinquency notice from Nasdaq for not filing its Q2 Form 10-Q on time, risking non-compliance with listing rules and potential delisting.
The delinquency notice indicates a failure to comply with Nasdaq's listing requirements, which could lead to delisting. This poses a significant risk to the stock price as it may affect investor confidence and liquidity.
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