regulatory
confidence high
sentiment negative
materiality 0.75
ConnectM Technology Solutions, Inc. (CNTM): Nasdaq/NYSE listing notice — ConnectM receives Nasdaq deficiency notice for delayed Q3 10-Q; faces delisting risk
ConnectM Technology Solutions, Inc.
- Notice received Dec 6, 2024; Q3 2024 10-Q not yet filed, violating Nasdaq Listing Rule 5250(c)(1).
- Must submit a compliance plan by Feb 4, 2025; if accepted, exception may extend to May 19, 2025.
- If plan is rejected or compliance not regained, shares face delisting from Nasdaq.
- Company may appeal Nasdaq's decision to a Hearings Panel if plan is not accepted.