Pioneer Power receives Nasdaq delinquency notice for late 10-Q; still delinquent on 10-K

PIONEER POWER SOLUTIONS, INC.

Received 10-Q Notice from Nasdaq on May 24, 2024 for failure to timely file Q1 2024 Form 10-Q.
Company remains delinquent on 2023 Form 10-K; has until June 17, 2024 to submit a compliance plan.
If plan accepted, Nasdaq may grant exception until October 14, 2024 to regain compliance.
10-Q Notice has no immediate effect on listing of common stock on Nasdaq Capital Market.
Company working diligently with independent auditor to complete both filings.

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