regulatory
confidence high
sentiment negative
materiality 0.75
Primis Financial gets Nasdaq delisting hearing set for May 15, stay granted
Primis Financial Corp.
- Nasdaq Hearings Panel scheduled hearing for May 15, 2025, staying delisting pending final decision.
- Company expects to file 2024 Form 10-K before the hearing to regain compliance.
- Delisting determination stemmed from late filing of annual 10-K report.
- Failure to timely file 10-K triggered non-compliance with Nasdaq Listing Rules.