Laser Photonics (LASE) announced that it received a notice from Nasdaq stating that since it had not received the company’s Form 10-Q for the period ended March 31 and because the company remains delinquent in filing its Form 10-K for the period ended December 31, 2024, the company does not comply with Nasdaq’s Listing Rules for continued listing. Nasdaq stated that in accordance with its letter dated April 16, the company has until June 16, to submit a plan to regain compliance with respect to these delinquent reports. Nasdaq can grant an exception to allow the company to regain compliance up to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13.
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