Primis Financial Corp. Receives Nasdaq Notice Regarding Delayed 10-Q Filing
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Primis Financial Corp. has received a notice from Nasdaq for not filing its quarterly reports for Q2 and Q3 2024, remaining noncompliant with Nasdaq Listing Rule 5250(c)(1).
November 27, 2024 | 10:45 pm
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NEGATIVE IMPACT
Primis Financial Corp. has not filed its Q2 and Q3 2024 reports, leading to a Nasdaq notice for noncompliance with listing rules.
The delayed filing of quarterly reports is a significant regulatory issue, which can lead to negative investor sentiment and potential stock price decline. The Nasdaq notice highlights the seriousness of the noncompliance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Nasdaq has issued a notice to Primis Financial Corp. for noncompliance due to delayed quarterly filings.
While Nasdaq's role in issuing the notice is part of its regulatory function, it is unlikely to have a significant impact on Nasdaq's stock price.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 20