regulatory
confidence high
sentiment negative
materiality 0.70
Legacy Housing receives Nasdaq delisting notice for late Q1 filing; faces May 31 compliance plan deadline
Legacy Housing Corp
- Nasdaq notified Legacy on May 17, 2022 of non-compliance for failing to file Q1 2022 Form 10-Q, adding to prior FY2021 10-K delinquency.
- Company must submit a plan to regain compliance by May 31, 2022; if accepted, Nasdaq can grant an exception until Sept 27, 2022.
- Intends to file both delinquent 10-K and 10-Q as soon as practical to regain compliance.
- Notice has no immediate effect on listing or trading of LEGH common stock on the Nasdaq Global Market.