regulatory
confidence high
sentiment negative
materiality 0.75
Cosmos Health receives additional Nasdaq delinquency notice for late 10-K and 10-Q filings
Cosmos Health Inc.
- Received Nasdaq delinquency letter on May 21, 2024 for failure to timely file Q1 2024 Form 10-Q and remaining delinquent on 2023 Form 10-K.
- Must submit compliance plan by June 17, 2024; if accepted, extension possible until October 14, 2024.
- Dismissed auditor KPMG on April 26, 2024; appointed RBSM LLP on May 21, 2024 after formal acceptance.
- KPMG flagged potential illegal act involving third-party vendor; company disputes, says independent inventory count substantiated the transaction.
- No immediate effect on Nasdaq listing; shares continue trading under symbol COSM.