regulatory
confidence high
sentiment negative
materiality 0.60
LIFECORE BIOMEDICAL, INC. DE (LFCR): Nasdaq/NYSE listing notice — Lifecore Biomedical receives Nasdaq notice for delayed Q2 FY2023 10-Q filing
LIFECORE BIOMEDICAL, INC. DE
- Nasdaq notified Lifecore on Jan 11, 2023 of non-compliance with Listing Rule 5250(c)(1) due to late 10-Q.
- Company has 60 days (until Mar 12, 2023) to submit a plan to regain compliance.
- If plan accepted, Nasdaq may grant up to 180 days from original due date (until Jul 5, 2023) to file.
- No immediate impact on listing or trading of common stock on Nasdaq Global Select Market.
- Lifecore states it is working diligently to complete and file the 10-Q as promptly as possible.