Midland States receives expected deficiency notification letter from Nasdaq

Midland States (MSBI) Bancorp announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market on August 19, 2025. The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, as described more fully in the Company’s Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission on August 12, 2025. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company’s common stock or depositary shares on the Nasdaq Global Select Market.