regulatory
confidence high
sentiment negative
materiality 0.70
REPUBLIC FIRST BANCORP INC: Nasdaq/NYSE listing notice — Republic First Bancorp receives Nasdaq non-compliance notice for late 10-Q; delisting risk
REPUBLIC FIRST BANCORP INC
- On May 12, 2023, Nasdaq notified Republic First Bancorp (FRBK) of non-compliance with Listing Rule 5250(c)(1) due to untimely Form 10-Q filing for Q1 2023.
- The Nasdaq Hearings Panel will consider this deficiency; company previously presented plan to file Form 10-Q by June 30, 2023.
- If compliance not evidenced within extension period, common stock subject to suspension and delisting from Nasdaq.
- Company issued press release on May 17, 2023 disclosing receipt of the Nasdaq notification.