regulatory
confidence high
sentiment negative
materiality 0.40
Smith-Midland receives Nasdaq non-compliance notice for late Q1 10-Q; regains compliance on 10-K
SMITH MIDLAND CORP
- On May 22, 2024, Nasdaq notified Smith-Midland of non-compliance with listing rule 5250(c)(1) due to late filing of Q1 2024 10-Q.
- On May 24, 2024, Nasdaq confirmed the company regained compliance for its 2023 10-K, which was filed on May 23, 2024.
- The delay in the 10-Q is attributed to additional time needed to complete financial reporting close process after the 10-K delay.
- The company expects to file the 10-Q in the near future.