regulatory
confidence high
sentiment negative
materiality 0.70
SPAR Group regains Nasdaq compliance for 10-K but receives new deficiency notice for Q1 10-Q
SPAR Group, Inc.
- Nasdaq confirmed compliance on May 21 after SPAR filed 2024 Form 10-K late on May 16.
- Nasdaq issued a deficiency notice on May 22 for failure to timely file Q1 2025 Form 10-Q.
- SPAR has 60 days from May 22 (by July 21, 2025) to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant an exception until October 13, 2025 to file the 10-Q.
- No immediate impact on listing or trading of SGRP shares; company is working to complete the filing.
item 3.01item 9.01