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Stock impact report

IMAC Holdings receives notification of deficiency from Nasdaq related to delayed filing of quarterly report on Form 10-Q [Yahoo! Finance]

IMAC Holdings, Inc. (BACK) 
Company Research Source: Yahoo! Finance
expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on August 21, 2024 (the “Notice”). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2024 (the “Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the “SEC”) on August 15, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC. The Company continues to work diligently to file the Form 10-Q as soon as practicable. The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. The Company has until October 20, 2024, to submit a plan to regain compliance with the List Show less Read more
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