iCoreConnect Faces Nasdaq Delisting Due to Non-Compliance

iCoreConnect ( (ICCT) ) has provided an update.

iCoreConnect Inc. has been notified by Nasdaq’s Listing Qualifications Department regarding non-compliance with certain listing requirements due to not filing its Form 10-K for the period ending December 31, 2024. Despite being granted an extension to comply, the company received a determination letter on May 20, 2025, indicating its common stock will be delisted from Nasdaq due to failure to file required forms on time. Trading suspension will begin on May 22, 2025, and the company plans to have its stock quoted on the OTC Market.

Spark’s Take on ICCT Stock

According to Spark, TipRanks’ AI Analyst, ICCT is a Underperform.

iCoreConnect’s overall stock score is impacted significantly by the negative financial performance, including high leverage, negative margins, and reliance on external funding. Technical indicators also suggest a bearish trend, further weighing down the score. Valuation metrics do not provide any relief, as the negative P/E ratio highlights ongoing losses. The lack of positive earnings call data or corporate events leaves no immediate prospects for improvement.

To see Spark’s full report on ICCT stock, click here.

More about iCoreConnect

Average Trading Volume: 19,328,490

Technical Sentiment Signal: Sell

Current Market Cap: $4.66M

For a thorough assessment of ICCT stock, go to TipRanks’ Stock Analysis page.