regulatory
confidence high
sentiment neutral
materiality 0.30
Nicholas Financial received Nasdaq non-compliance notice for late 10-Q; compliance regained same week
OLD MARKET CAPITAL Corp
- Nasdaq notified NICK on Aug 21, 2024 of non-compliance with Listing Rule 5250(c)(1) due to untimely June 30, 2024 10-Q.
- Company had 60 days to submit a compliance plan; instead filed the 10-Q on Aug 26, 2024, within the cure period.
- Nasdaq confirmed on Aug 27, 2024 that NICK is now in compliance; no impact on listing of common stock.