ICZOOM Group, Inc. Class A (IZM) has released an update.
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ICZOOM Group Inc., a Nasdaq-listed company, has been notified of noncompliance with Nasdaq’s Annual Meeting Requirement due to not holding a shareholder meeting within the stipulated time frame. While the notice does not currently affect its listing status, the company must submit a compliance plan by August 23, 2024, and may receive up to a 180-day extension to convene the meeting. Failure to comply could ultimately lead to delisting from the Nasdaq Stock Market.
For further insights into IZM stock, check out TipRanks’ Stock Analysis page.
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