regulatory
confidence high
sentiment negative
materiality 0.65
Quantum Computing receives Nasdaq non-compliance notice for late 10-Qs; faces delisting risk
Quantum Computing Inc.
- Nasdaq notice due to failure to file Q2 2024 10-Q by Aug 14; Q1 2024 10-Q also delinquent.
- Auditor dismissal (BF Borgers) in May 2024 and engagement of BPM LLP on June 6, 2024 caused delays.
- Company must submit compliance plan by Sept 4, 2024; Nasdaq may grant up to 180 days (Dec 16, 2024) to cure.
- If compliance not regained, common stock (QUBT) will be subject to delisting from Nasdaq.