Aeries Technology Works to Address Nasdaq Compliance Issues

Aeries Technology ( (AERT) ) has provided an announcement.

Aeries Technology, Inc. has received a notification from Nasdaq regarding non-compliance with their Listing Rule 5250(c)(1), due to the delayed filing of its quarterly and annual financial reports. The company is actively working to resolve these filing delays and plans to submit a compliance plan by September 30, 2024, with the possibility of receiving an extension until January 13, 2025, to regain compliance. Despite the current issues, the company’s securities continue to be listed and traded on the Nasdaq Capital Market, and Aeries Technology remains committed to fulfilling its reporting obligations as soon as possible.

Find detailed analytics on AERT stock on TipRanks’ Stock Analysis page.