regulatory
confidence high
sentiment negative
materiality 0.55
Infinera Corp: Nasdaq/NYSE listing notice — Infinera receives Nasdaq delinquency notice for late Q3 10-Q filing
Infinera Corp
- Notice received Nov 10, 2023 for failure to timely file Form 10-Q for quarter ended Sep 30, 2023.
- Must submit compliance plan by Jan 9, 2024; Nasdaq may grant up to 180 days to regain compliance.
- Company states it will work diligently to file the Form 10-Q and submit the plan promptly.
- Non-compliance is with Nasdaq Listing Rule 5250(c)(1) requiring timely periodic reports.