- SRAX ( NASDAQ: SRAX ) said Thursday it received a Nasdaq notice indicating that its shares will be delisted unless the firm timely requests a hearing before the Nasdaq Hearings Panel.
- Nasdaq's decision is based on SRAX's ( SRAX ) non-compliance with the filing requirement for continued listing.
- The company filed its annual report for the fiscal year ended Dec. 31, 2021 with the SEC on Oct. 12.
- But it has not yet filed the quarterly reports for the quarters ended Mar. 31 and Jun. 30.
- SRAX ( SRAX ) plans to timely request a hearing before the panel and stay any further suspension or delisting action by the exchange.
For further details see:
SRAX gets Nasdaq delisting notice, plans to appeal decision