other material
confidence high
sentiment negative
materiality 0.65
VERU INC. (VERU): Nasdaq/NYSE listing notice — Veru receives Nasdaq delisting notice for delayed Q1 10-Q filing
VERU INC.
- Veru received a Nasdaq deficiency letter for failing to file Q1 FY2024 10-Q (quarter ended Dec 31, 2023) on time.
- Company has 60 days until April 22, 2024 to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1).
- If plan is accepted, Veru has until August 19, 2024 to file the 10-Q.
- No immediate effect on listing or trading of VERU common stock on Nasdaq Capital Market.
- Veru states it is working diligently to complete and file the 10-Q as promptly as possible.