regulatory
confidence high
sentiment negative
materiality 0.60
MediaCo receives Nasdaq deficiency notice for late Q2 2024 10-Q; plan due Oct 21
Mediaco Holding Inc.
- Nasdaq notified MediaCo on Aug 20, 2024 of non-compliance with Listing Rule 5250(c)(1) for failure to timely file Q2 2024 Form 10-Q.
- Company has until October 21, 2024 to submit a plan to regain compliance; potential extension to February 17, 2025.
- Class A common stock (MDIA) continues trading on Nasdaq Capital Market with no immediate delisting effect.
- Delay attributed to matters described in Form 12b-25 filed with SEC on August 14, 2024.
- MediaCo intends to submit compliance plan and work to file delayed report as soon as practicable.