Xcel Brands receives Nasdaq delisting notice for late Q3 10-Q filing

XCel Brands, Inc.

Received Nasdaq notice on Nov 25, 2024 for failing to timely file Form 10-Q for quarter ended Sep 30, 2024.
Must submit compliance plan within 60 days; Nasdaq may grant extension until May 19, 2025.
Company plans to file the 10-Q within 60 days to regain compliance and avoid submitting a plan.
No immediate impact on listing or trading of XELB common stock on the Nasdaq Capital Market.
Press release issued November 27, 2024 disclosing the notification.

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