Mesa Air Group Faces Nasdaq Compliance Challenge

The latest update is out from Mesa Air Group (MESA).

Mesa Air Group, Inc. has been notified by Nasdaq that it’s not in line with continued listing rules due to a delay in filing its quarterly financial report. This delay does not stem from any financial restatements or disagreements with auditors and doesn’t immediately affect the stock’s trading status. The company has two months to propose a plan to rectify the situation and could be granted an extension up to February 2025 to achieve compliance. Mesa Air is working to file the overdue report promptly and is optimistic about meeting the compliance requirements.

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