regulatory
confidence high
sentiment negative
materiality 0.65
Friedman Industries receives NYSE late filing notice; Sinton facility begins shipments
FRIEDMAN INDUSTRIES INC
- NYSE American issued a filing delinquency notice for missing the Sept 30, 2022 Form 10-Q; 6-month cure period given.
- Sinton coil processing facility started shipping to customers on October 25, 2022; new stretcher leveler line operational.
- Company hired additional accounting staff in Sept/Oct 2022 to address filing delays and future compliance.
- NYSE will add '.LF' indicator to ticker symbol FRD until the filing delinquency is cured.