LTCH - Latch receives expected Nasdaq delisting determination
2023-08-09 08:07:03 ET
- Latch Inc ( NASDAQ: LTCH ) said Wednesday that Nasdaq has determined to suspend trading of the company’s securities on August 10, 2023.
- Once the suspension takes effect, Latch expects that its securities will be traded on the OTC Expert Market.
- The company was unable to meet the deadline due to unexpected delays in the ongoing restatement of its historical financial statements.
- Jamie Siminoff and Dave Lillis are expected to be appointed as the company’s Chief Executive Officer and Chief Financial Officer, respectively, later this year.
- LTCH -15.07% premarket to $0.77.
- Source: Press Release
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Latch receives expected Nasdaq delisting determination