Midland States Bancorp receives Nasdaq deficiency notice for late 10-K filing

Midland States Bancorp, Inc.

Received Nasdaq notice on April 3, 2025 for failing to file 2024 Form 10-K on time.
Company has 60 days to submit a compliance plan; Nasdaq may grant up to Sept 29, 2025 to regain compliance.
Delay due to evaluation of a third-party lending and servicing arrangement and internal control review.
Notice has no immediate effect on listing or trading of MSBI or MSBIP shares.
Company expects to file the 10-K as soon as practicable.

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