Pioneer Power receives Nasdaq delinquency notice for late Q2 10-Q filing

PIONEER POWER SOLUTIONS, INC.

Nasdaq notified Pioneer on Aug 21, 2024 of non-compliance for failure to file Q2 2024 10-Q.
Company must update compliance plan by Sept 5, 2024; potential extension to Oct 14, 2024.
Previous delinquency for 2023 10-K and Q1 10-Q; exception until Sept 20, 2024 to file all reports.
No immediate effect on PPSI common stock listing on Nasdaq Capital Market.
Working with auditors; no assurance of regaining compliance.

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