Integrated Media Technology (IMTE) has released an update.
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Integrated Media Technology Limited (IMTE) has reported receiving a Deficiency Letter from Nasdaq for not filing its annual report on time, thus falling out of compliance with Nasdaq’s Listing Rule. The company plans to submit a Compliance Plan to regain compliance and has until mid-July to do so, with the possibility of an extension until November. Despite this setback, the company’s shares remain listed on the Nasdaq Capital Market.
For further insights into IMTE stock, check out TipRanks’ Stock Analysis page.