Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On
Pursuant to the Notice, Nasdaq informed the Company that it is required to
submit a plan (the "Plan") to regain compliance with Nasdaq's continued listing
requirements by
The Company will file the Form 10-K and Form 10-Q as soon as practicable and anticipates that the Form 10-K and Form 10-Q will be filed prior to the date on which the Company is required to submit the Plan; however, if the Form 10-K or Form 10-Q is not filed by such date, the Company will submit the Plan.
The Notice has no immediate impact on the listing of the Company's common stock, which will continue to be listed and traded on Nasdaq, subject to the Company's compliance with other continued listing requirements. The Company's receipt of the Notice does not affect the Company's business, operations or reporting requirements with the Commission.
The Company issued a press release on
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. Exhibit No. Description 99.1 Press Release datedMay 24, 2023 . 1
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