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Stock impact report

TechPrecision Corporation Receives Expected Notification from Nasdaq Related to Delayed Quarterly Report, Addresses Financial Reporting Challenges, and Advises on Fiscal Year 2025 Q-2 Form...

TechPrecision Corporation - Common stock (TPCS) 
NASDAQ:AMEX Investor Relations: techprecision.com/sec%20filings
Company Research Source: Yahoo! Finance
received a notice (the "Notice") on November 21, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC"). NASDAQ NOTICE AND FINANCIAL REPORTING ISSUES The Notice indicated that the Company has until January 21, 2025, to submit a plan to regain compliance with the Rule and that Nasdaq can grant an exception of up to 180 calendar days from the Form 10-Q due date, or until May 19, 2025, to regain compliance. The Notice from Nasdaq has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. The Company's failure to timely file the Form 10-Q is largely the result of issues arising from the difficulties of integrating the f Show less Read more
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