regulatory
confidence high
sentiment negative
materiality 0.70
Arrow Financial submits Nasdaq remediation plan for late 2022 10-K filing
ARROW FINANCIAL CORP
- Submitted plan to Nasdaq on June 1, 2023 to regain compliance with Listing Rule 5250(c)(1).
- Noncompliance stems from failure to file 2022 Form 10-K by due date; disclosed in April 2023 8-K.
- Nasdaq may grant up to 180-day extension; no assurance plan will be accepted or compliance regained.
- If plan rejected or extension missed, AROW common stock faces delisting from Nasdaq.