regulatory
confidence high
sentiment negative
materiality 0.75
SIFCO INDUSTRIES INC (SIF): Nasdaq/NYSE listing notice — SIFCO receives NYSE American non-compliance notice for late 10-Q; cites cyber incident
SIFCO INDUSTRIES INC
- Received NYSE American notice on Feb 22, 2023 for failure to file Q1 FY2023 Form 10-Q (period ended Dec 31, 2022) on time.
- Non-compliance due to information access limitations from cyber incident on Dec 30, 2022; stock assigned ".LF" indicator.
- Company has six months from Feb 22, 2023 to regain compliance; delisting procedures may follow if not resolved.
- Fiscal Q2 production will be negatively impacted due to system constraints from the cyber incident, but customer needs are being met.