regulatory
confidence high
sentiment negative
materiality 0.60
Cantaloupe receives Nasdaq notice for late FY2022 10-K filing; expects to file within 2-3 weeks
CANTALOUPE, INC.
- Nasdaq deficiency notice for non-compliance with Listing Rule 5250(c)(1) due to late 10-K for fiscal year ended June 30, 2022.
- Company has 60 calendar days to submit a plan to regain compliance; may be granted up to 180 days from original due date.
- No immediate delisting effect; Cantaloupe expects to file the 10-K within 2-3 weeks, which would cure the deficiency.
- If plan not accepted, Company can appeal to a Nasdaq Hearings Panel.