regulatory
confidence high
sentiment negative
materiality 0.70
TRIMBLE INC. (TRMB): Nasdaq/NYSE listing notice — Trimble receives Nasdaq deficiency notice over delayed Q1 2024 10-Q filing
TRIMBLE INC.
- Nasdaq issued notice on May 16, 2024 for non-compliance with Listing Rule 5250(c)(1) due to late 10-Q.
- No immediate effect on TRMB common stock listing or trading on Nasdaq Global Select Market.
- Company has 60 days from notice to submit a compliance plan; Nasdaq may grant up to 180 days (to Nov 11, 2024) to file.
- Delay stems from ongoing assessment previously disclosed in Form 12b-25 and May 3, 2024 8-K.
- Management intends to regain compliance as soon as practicable.