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Perfumes, Cosmetics & Other Toilet Preparations
RegulatoryMay 22, 2026, 04:17 PM

Empro Group Receives Nasdaq Non-Compliance Notice for 20-F

AI Summary

Empro Group Inc. announced it received a notice from The Nasdaq Stock Market on May 19, 2026, stating non-compliance with Nasdaq Listing Rule 5250(c)(1). This is due to the company's failure to file its annual report on Form 20-F for the fiscal year ended December 31, 2025. Empro Group has 60 calendar days to submit a plan to regain compliance, with a potential exception of up to 180 days if the plan is accepted. The company is actively working with professionals to prepare the required filing and compliance plan; trading of its shares has been suspended since October 2025 and is not impacted by this notice.

Key Highlights

  • Empro Group received a Nasdaq non-compliance notice on May 19, 2026.
  • The non-compliance is due to the failure to file its annual report on Form 20-F for the fiscal year ended December 31, 2025.
  • The company has 60 calendar days to submit a plan to regain compliance.
  • If accepted, Nasdaq may grant an exception of up to 180 calendar days, or until November 11, 2026, to regain compliance.
  • Empro Group is working with accounting, audit, and legal professionals to prepare the Form 20-F and a compliance plan.
  • Trading of the company's ordinary shares on Nasdaq has been suspended since October 9, 2025, and is not affected by this notice.