BIO-key Faces Nasdaq Compliance Challenge, Aims for Resolution
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BIO-key Faces Nasdaq Compliance Challenge, Aims for Resolution

BIO-key International Inc (BKYI) just unveiled an update.

BIO-key International, Inc. has been notified by Nasdaq of non-compliance due to its delay in filing an annual financial report with the SEC. The company has 60 days to present a plan to regain compliance, potentially receiving up to 180 days extension to meet Nasdaq’s requirements. Meanwhile, the company’s stock continues to be listed and traded on the Nasdaq Capital Market, and it plans to file the required report as soon as possible to resolve the issue. Additionally, they’ve issued a press release addressing this matter, which does not assume any legal liability under the Exchange Act.

Learn more about BKYI stock on TipRanks’ Stock Analysis page.

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