regulatory
confidence high
sentiment negative
materiality 0.80
Trump Media & Technology Group Corp. (DJT): Nasdaq/NYSE listing notice — DWAC receives Nasdaq deficiency notice for missing Q2 2023 10-Q
Trump Media & Technology Group Corp.
- Nasdaq notified DWAC on Aug 24, 2023 of non-compliance with Rule 5250(c)(1) due to late Q2 2023 Form 10-Q.
- This adds to prior delinquency for Q1 2022 10-Q; Nasdaq granted exception until Nov 20, 2023 for that filing.
- DWAC must submit an updated compliance plan by Sep 5, 2023; any extension capped at 180 days from Nov 20, 2023.
- No immediate impact on trading, but failure to regain compliance could lead to delisting from Nasdaq.
- CEO Eric Swider stated the company is working with new auditors to file reports as quickly as possible.