regulatory
confidence high
sentiment negative
materiality 0.75
Midland States Bancorp receives Nasdaq deficiency notice for delayed 10-K and 10-Q filings
Midland States Bancorp, Inc.
- Nasdaq notice received May 19, 2025 for failure to timely file FY2024 10-K and Q1 2025 10-Q.
- No immediate delisting; company has until June 2, 2025 to submit a compliance plan.
- Nasdaq may grant up to 180 days from 10-K due date (Sept 29, 2025) to regain compliance.
- Company is still evaluating third-party lending arrangements and goodwill impairment.
- Common stock (MSBI) and depositary shares (MSBIP) remain listed on Nasdaq Global Select Market.
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