regulatory
confidence high
sentiment negative
materiality 0.65
COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL): Nasdaq/NYSE listing notice — Comtech gets Nasdaq delinquency notice for late Q1 10-Q filing; has 60 days to regain compliance
COMTECH TELECOMMUNICATIONS CORP /DE/
- Received Nasdaq letter on Dec 18, 2024 for failure to file Form 10-Q by extended due date of Dec 16, 2024.
- No immediate impact on listing or trading of CMTL shares.
- Company has 60 calendar days (by Feb 17, 2025) to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant an exception until June 16, 2025 to regain compliance.
- Company expects to file the 10-Q before the 60-day period ends.