DelistingMay 22, 2026, 05:32 PM
Laser Photonics Receives Nasdaq Delisting Notice for Delayed 10-Q
AI Summary
Laser Photonics Corp received a notice from Nasdaq on May 21, 2026, indicating non-compliance with listing rules due to the delayed filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The company has 60 days to submit a plan to regain compliance, with a potential extension up to November 16, 2026. Failure to comply could result in the delisting of its securities from Nasdaq, though the notice has no immediate effect on trading. Laser Photonics is actively working to file the report and expects to regain compliance.
Key Highlights
- Laser Photonics received a Nasdaq notice on May 21, 2026, for delayed Q1 2026 Form 10-Q filing.
- The company is non-compliant with Nasdaq Listing Rule 5250(c)(1) for continued listing.
- Laser Photonics has 60 days to submit a plan to regain compliance.
- Nasdaq may grant an exception for up to 180 days from the due date, until November 16, 2026.
- Failure to regain compliance could lead to delisting from Nasdaq.
- The notice has no immediate effect on the company's stock listing or trading.
- The company is working diligently to file the report and expects to regain compliance.
Price Impact
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