Bancorp receives Nasdaq notice for late 10-K filing; delisting risk if not cured

Bancorp, Inc.

Received Nasdaq deficiency notice on March 21, 2025 for failing to file 2024 10-K by March 3 deadline.
Notice has no immediate effect on listing; 60 days to file or submit compliance plan.
If plan accepted, up to 180 days from due date to regain compliance; otherwise delisting risk.
Company expects to regain compliance but provides no assurance on timing.
Press release issued March 27, 2025; common stock continues to trade on Nasdaq.

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