Luna Innovations receives Nasdaq staff determination letter

Luna Innovations Incorporated announced that on October 1, 2024, it received a staff determination letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the Company that, due to the Company’s failure to regain compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission, Nasdaq has determined that the Company’s securities will be scheduled for delisting from Nasdaq unless the Company requests an appeal of the determination to a Hearings Panel.