regulatory
confidence high
sentiment negative
materiality 0.70
LIFECORE BIOMEDICAL, INC. DE (LFCR): Nasdaq/NYSE listing notice — Lifecore receives Nasdaq delisting notice for delayed filings; compliance plan submitted
LIFECORE BIOMEDICAL, INC. DE
- Received Nasdaq notice on Oct 12, 2023 for failure to timely file Form 10-Q (period ended Aug 27, 2023) and still-delinquent Form 10-K (period ended May 28, 2023).
- Submitted compliance plan on Oct 16, 2023; if accepted, Nasdaq may grant up to 180 days from Form 10-K due date (Feb 12, 2024) to regain compliance.
- No immediate impact on listing or trading of common stock on Nasdaq Global Select Market.
- Company states it is working diligently to complete and file the delinquent reports as promptly as possible.