Edgio, Inc.: Nasdaq/NYSE listing notice — Edgio receives Nasdaq delisting notice for late 10-K and 10-Q filings due to accounting restatement

Edgio, Inc.

Nasdaq notified Edgio on May 12, 2023 of non-compliance with Listing Rule 5250(c)(1) for failure to file 10-K (2022) and 10-Q (Q1 2023).
The filing delays stem from an accounting error in the Open Edge solution requiring a restatement of previously issued financials.
Edgio must submit a compliance plan by May 22, 2023; if accepted, Nasdaq may grant an exception until September 12, 2023.
The notice has no immediate effect on the listing of EGIO common stock on the Nasdaq Global Select Market.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Edgio, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

May 12, 2023, Edgio, Inc. (“Edgio” or the “Company”) received a notification letter (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”), and because the Company remains delinquent in filing its Annual Report on Form 10-K for the period ended December 31, 2022 (the “Initial Delinquent Filing”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which req

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Source: SEC EDGAR

accession 0001193125-23-147107

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