regulatory
confidence high
sentiment negative
materiality 0.65
Laser Photonics Corp (LASE): Nasdaq/NYSE listing notice — Laser Photonics receives Nasdaq deficiency notice for late 10-K filing
Laser Photonics Corp
- Received Nasdaq notice on April 16, 2025, for not filing 2024 Form 10-K by the deadline.
- Has 60 days to submit a compliance plan; Nasdaq can extend to October 13, 2025.
- Filing delay due to audit procedures for the November 2024 CMS asset acquisition for ~$1M.
- As of March 17, 2025, collected ~$1.7M of CMS receivables; CMS received ~$3M in new orders.
- Non-compliance with Listing Rule 5250(c)(1) could lead to delisting if not resolved.