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SPI Energy Co (SPI) has provided an announcement.
A company trading under the symbol “SPI” on The Nasdaq Capital Market has been notified by Nasdaq of non-compliance due to delays in filing its financial reports for both annual and quarterly periods. Despite the setbacks, Nasdaq granted the company an extension to submit its overdue reports by October 14, 2024, to regain compliance. The company’s shares continue to trade on the market as it works to complete and file the pending documents. It also plans to update its compliance strategy by September 4, 2024, and may appeal to a Nasdaq Hearings Panel if its compliance plan is not accepted. An official press release was issued by the company to announce the receipt of the non-compliance notice.
For a thorough assessment of SPI stock, go to TipRanks’ Stock Analysis page.