regulatory
confidence high
sentiment negative
materiality 0.60
SUNPOWER CORP: Nasdaq/NYSE listing notice — SunPower receives Nasdaq deficiency notice for late filing of 2023 10-K
SUNPOWER CORP
- Nasdaq notified SunPower on March 20, 2024 of non-compliance with Listing Rule 5250(c)(1) for delayed 10-K filing.
- Company must submit a plan to regain compliance within 60 calendar days; Nasdaq may grant extension to Sept 11, 2024.
- Notice has no immediate effect on listing or trading of SPWR common stock.
- SunPower is working diligently to finalize and file the Form 10-K as soon as practicable.
- Late filing follows restatements for prior periods filed in December 2023.