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Codere Online Appeals Nasdaq Delisting Notice Amid Filing Delays

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Codere Online Appeals Nasdaq Delisting Notice Amid Filing Delays

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Codere Online ( (CDRO) ) has shared an update.

On May 16, 2025, Codere Online received a delisting notice from Nasdaq due to its failure to file the 2024 Form 20-F on time, attributed to delays in finalizing its financial audit. The company has requested a hearing and a stay of suspension to continue trading on Nasdaq, aiming to file the necessary documents by May 30, 2025, to regain compliance. If unsuccessful, trading could be suspended by June 6, 2025.

The most recent analyst rating on (CDRO) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Codere Online stock, see the CDRO Stock Forecast page.

More about Codere Online

Codere Online Luxembourg, S.A., part of the Codere Group, operates in the online gaming industry, offering online sports betting and casino services. Launched in 2014, it serves core markets including Spain, Mexico, Colombia, Panama, and Argentina, leveraging both online and physical presence through Codere Group’s operations.

Average Trading Volume: 27,642

Technical Sentiment Signal: Buy

Current Market Cap: $348.7M

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

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