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Stock impact report

Smart for Life Provides Update Following Nasdaq Delisting Due to Audit Delays; Reports Plans to Reapply to Nasdaq Upon Full Compliance

Smart for Life, Inc. (SMFL) 
Company Research Source: GlobeNewswire
MIAMI, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Smart for Life, Inc. (OTC: SMFL) (“Smart for Life” or the “Company”), a distinguished leader in the Health & Wellness sector specializing in the marketing and manufacturing of nutritional supplements and foods, today provided an update following its delisting from Nasdaq, which was primarily due to delays in the completion of its audit. The Company’s common stock continues to be quoted on the OTC Markets, and the ticker symbol “SMFL” remains unchanged. Management believes this move to the OTC Markets is temporary and the Company plans to reapply for listing as soon as it is fully compliant with the listing requirements. “We are working diligently to complete our audit and believe that several key factors contributing to the delay were outside the control of management and the Company,” stated Darren Minton, CEO of Smart for Life. “Despite these challenges, we are committed to addressing the outstanding issues and returning to Nasdaq as so Show less Read more
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