regulatory
confidence high
sentiment negative
materiality 0.65
BIO KEY INTERNATIONAL INC (BKYI): Nasdaq/NYSE listing notice — BIO-key receives Nasdaq non-compliance notice for late filings; plan due June 20
BIO KEY INTERNATIONAL INC
- Nasdaq notified BIO-key on May 23, 2023 of non-compliance for failing to timely file Form 10-Q for Q1 2023.
- Company was already delinquent on Form 10-K for year ended Dec 31, 2022.
- Must submit compliance plan by June 20, 2023; if accepted, extension to Oct 16, 2023.
- No immediate impact on listing or trading of common stock on Nasdaq Capital Market.
- Form 12b-25 filed May 16, 2023 citing unreasonable effort to complete financial review.