secwatch.observer — SEC 8-K summary
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Issuer:     Midland States Bancorp, Inc. (MSBI)
CIK:        0001466026
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0001104659-25-052418
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Midland States Bancorp receives Nasdaq deficiency notice for delayed 10-K and 10-Q filings
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466026/000110465925052418/0001104659-25-052418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466026/000110465925052418/tm2516035d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-052418

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