regulatory
confidence high
sentiment negative
materiality 0.70
Quantum Computing receives Nasdaq non-compliance notice for late Q1 10-Q filing
Quantum Computing Inc.
- Notice dated June 24, 2024: missed May 15, 2024 deadline for Q1 2024 Form 10-Q.
- Prior auditor BF Borgers dismissed May 3 due to SEC bar; new auditor BPM appointed June 6.
- Company must submit compliance plan by August 23, 2024; Nasdaq may grant extension to December 16.
- Failure to regain compliance could result in delisting of QUBT shares from Nasdaq.
- Notice has no immediate effect on Nasdaq listing or trading of common stock.