An update from Primis Financial (FRST) is now available.
Primis Financial Corp. is working to regain compliance with Nasdaq’s financial reporting rules after delays in filing its annual and quarterly reports, due to restatements and consultations with the SEC. Although they’ve received a notice of non-compliance, the company’s securities remain listed as they work towards submitting updated reports by September 30, 2024. The company has communicated this update in a press release and is actively addressing the situation to meet Nasdaq’s requirements and maintain investor confidence.
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