regulatory
confidence high
sentiment negative
materiality 0.75
Tattooed Chef, Inc.: Nasdaq/NYSE listing notice — Tattooed Chef receives Nasdaq non-compliance notice for late FY2022 10-K filing
Tattooed Chef, Inc.
- Nasdaq notified TTCF on March 31, 2023 of non-compliance with Listing Rule 5250(c)(1) due to delayed Form 10-K.
- Company has until May 30, 2023 to submit a compliance plan; Nasdaq may grant extension to September 27, 2023.
- Delay attributed to new ERP system at subsidiary New Mexico Food Distributors and restatement of 2021 and 2022 interim financials.
- No immediate effect on listing or trading of TTCF common stock on Nasdaq Capital Market.
- Company intends to file the 10-K and regain compliance as soon as practicable.