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NextTrip Tackles Nasdaq Compliance Hurdle and Delisting Risk
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NextTrip Tackles Nasdaq Compliance Hurdle and Delisting Risk

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NextTrip (NTRP) has shared an announcement.

NextTrip, Inc. is facing a compliance issue with Nasdaq after failing to file its annual report on time. While this has not yet affected its listing, the company must submit a compliance plan by August 16, 2024, or risk delisting. They aim to file the overdue report promptly to rectify the situation and can appeal any delisting decision by Nasdaq. A press release about the issue has been issued and is not considered an admission of materiality. The company’s forward-looking statements come with the usual risk of inaccuracy due to unpredictable factors.

For detailed information about NTRP stock, go to TipRanks’ Stock Analysis page.

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