regulatory
confidence high
sentiment negative
materiality 0.60
Wrap Technologies receives second Nasdaq delisting notice for delinquent filings
WRAP TECHNOLOGIES, INC.
- Nasdaq notified Wrap Technologies of non-compliance for failing to timely file Q1 2024 Form 10-Q, adding to outstanding 2023 Form 10-K delinquency.
- Company must submit compliance plan by June 17, 2024; if accepted, Nasdaq may grant exception until October 14, 2024.
- No immediate effect on stock listing, but failure to regain compliance could lead to delisting from Nasdaq.