regulatory
confidence high
sentiment negative
materiality 0.75
Latch receives Nasdaq delisting notice for failure to file Q2 2022 10-Q
Latch, Inc.
- Nasdaq notified Latch of non-compliance with Listing Rule 5250(c)(1) due to delayed Q2 2022 Form 10-Q.
- Company must submit a compliance plan by October 10, 2022; if accepted, extension to February 6, 2023.
- No immediate effect on trading of LTCH common stock or warrants, but delisting risk if not remedied.
- Latch intends to file the Form 10-Q as soon as practicable.