Greenwave Technology (GWAV) reported that the company received an additional delinquency notice from Nasdaq on August 22, which indicated that, as a result of the delay in the Company’s filing of its Quarterly Report on Form 10-Q for the period ended June 30 by the applicable due date, the company was not in compliance with Nasdaq Listing Rule 5250, which requires Nasdaq-listed companies to timely file all required periodic financial reports with the SEC. The additional delinquency could serve as an additional basis for the delisting of the company’s securities from Nasdaq.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GWAV:
- Greenwave Technology Announces Reverse Stock Split
- Upcoming Stock Splits This Week (August 25 to August 29) – Stay Invested
- GREENWAVE TECHNOLOGY SOLUTIONS INC trading halted, news pending
- Greenwave Technology Solutions Delays Quarterly Report Filing
- Greenwave Technology Approves Key Proposals at Meeting