on Alpine 4 Holdings, Inc. (NASDAQ:ALPP)
Alpine 4 Holdings Receives Additional Nasdaq Staff Determination Letter
PHOENIX, AZ / ACCESSWIRE / May 28, 2024 / Alpine 4 Holdings, Inc. (NASDAQ: ALPP) announced that it received an Additional Staff Determination letter from Nasdaq on May 22, 2024. The letter cites the company’s delinquency in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2024, which could lead to delisting from Nasdaq.
On the same day, the company also received a Hearing Panel Letter from Nasdaq. This letter grants a 15-day stay on the delisting action, effective until June 6, 2024. A hearing is scheduled for July 2, 2024, at which time the company plans to seek an extension of the stay.
Alpine 4 intends to present reasons for the delays in its public reports at the hearing, including its Form 10-Q for September 30, 2023, and March 31, 2024, and its Annual Report on Form 10-K for December 31, 2023. The company reports working diligently with auditors to complete these filings.
Alpine 4 is committed to addressing the delinquencies and plans to submit a comprehensive plan and timeline for compliance at the upcoming hearing.
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