regulatory
confidence high
sentiment negative
materiality 0.70
Infinera Corp: Nasdaq/NYSE listing notice — Infinera receives Nasdaq delinquency notice for late 10-K filing; must submit plan by May 14
Infinera Corp
- Received Nasdaq notice on March 15, 2024, for failure to timely file FY2023 10-K.
- Must submit a plan of compliance by May 14, 2024, to regain compliance with Rule 5250(c)(1).
- Delayed year-end closing due to matters previously disclosed in 12b-25 on Feb 29, 2024.
- No immediate effect on listing or trading of INFN common stock.
- Company working diligently to file 10-K as soon as practicable.