regulatory
confidence high
sentiment negative
materiality 0.65
Primis Financial receives Nasdaq delinquency notice for late filings due to restatement
Primis Financial Corp.
- Received Nasdaq notice on May 16, 2024 for failure to timely file 2023 10-K and Q1 2024 10-Q.
- Must submit compliance plan by June 3, 2024; if accepted, deadline extended to September 30, 2024.
- No immediate effect on listing of FRST common stock on Nasdaq.
- Delays relate to restatement of financial statements and ongoing SEC pre-clearance process with OCA.