Quantum submits compliance plan to Nasdaq; aims to file delinquent reports by June 27

QUANTUM CORP /DE/

Submitted written plan to Nasdaq on April 24 detailing progress on ASC 606 application and SEC filing timeline.
Plans to file Q2/Q3 FY2024 10-Qs and FY2024 10-K by June 27, 2024.
Nasdaq hearing scheduled for May 14; stay of delisting suspension granted pending hearing.
Company working with advisors and auditors to finalize accounting matters.

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