BIMI Announces Receipt of a Delinquency Compliance Alert Notice from Nasdaq
Nasdaq provided the Company 60 days to submit a plan to regain compliance with the Rule (the “Plan”).
- Nasdaq provided the Company 60 days to submit a plan to regain compliance with the Rule (the “Plan”).
- The Company intends to submit its plan of compliance to Nasdaq by June 18, 2024.
- If Nasdaq accepts the Plan, the Company may be granted an extension of 180 calendar days from the due date of the Form 10-K, or until October 14, 2024, to regain compliance with the Rule.
- In the event the Plan is not accepted by Nasdaq, the Company may appeal that decision to a Hearings Panel.