Scienture Holdings, Inc. (SCNX): Nasdaq/NYSE listing notice — TRxADE HEALTH receives Nasdaq delinquency notice for late 10-Q filing

Scienture Holdings, Inc.

Received Nasdaq notice on Nov 21, 2023 for non-compliance with Listing Rule 5250(c)(1).
Must submit plan to regain compliance by January 22, 2024.
Nasdaq may grant extension until May 20, 2024 to file the Q3 2023 10-Q.
Company filed Form 12b-25 on Nov 15, 2023, citing need for additional time.
No immediate delisting effect but risk increases with further delay.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Scienture Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

November 21, 2023, the Company received a notice (the “Notice”) from the Nasdaq Listing Qualifications Department (“Nasdaq”) indicating that the Company is not compliant with the timely filing requirement for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires listed companies to timely file all required periodic reports with the SEC. The Notice will have no immediate effect on the listing or trading of the Company’s common stock, although there can be no assurances that further delays in the filing of the Form 10-Q will not have an impact on the listing

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20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Scienture Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-042872

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