regulatory
confidence high
sentiment negative
materiality 0.70
Universal receives NYSE non-compliance notice for delayed Q2 filing due to ongoing internal investigation
UNIVERSAL CORP /VA/
- NYSE notice on Nov 19, 2024: UVV failed to timely file Form 10-Q for quarter ended Sep 30, 2024.
- Cause: ongoing internal investigation preventing timely completion of financial statements.
- No immediate effect on NYSE listing; six months from Nov 18, 2024 to regain compliance by filing.
- NYSE may grant up to six additional months or commence delisting proceedings at any time.
- Company expects to file within the cure period but provides no assurance.