Listing

Magic Empire Global Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Retrieved on: 
星期五, 三月 1, 2024

Hong Kong, March 01, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) announced that, on February 28, 2024, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from January 16, 2024 to February 27, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

Key Points: 
  • Hong Kong, March 01, 2024 (GLOBE NEWSWIRE) -- Magic Empire Global Limited (NASDAQ: MEGL) (“MEGL”, or the “Company”) announced that, on February 28, 2024, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from January 16, 2024 to February 27, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.
  • The notification has no immediate effect on the listing of the Company’s ordinary shares.
  • Nasdaq has provided the Company with an 180 calendar days compliance period, or until August 26, 2024, in which to regain compliance with Nasdaq continued listing requirement.
  • The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement.

Veru Announces Notification from Nasdaq Related to Delayed Quarterly Report on Form 10-Q

Retrieved on: 
星期三, 二月 28, 2024

Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).

Key Points: 
  • Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).
  • The Notice states that the Company has 60 calendar days to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules.
  • If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.
  • The Company continues to work diligently to complete the Form 10-Q and plans to file the Form 10-Q as promptly as possible to regain compliance with the Listing Rule.

ChannelEngine Launches Amazon Vendor Integration to Support Hybrid Selling Strategies

Retrieved on: 
星期二, 二月 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- ChannelEngine, a leading ecommerce marketplace integrator, today announced its integration with Amazon Vendor Central in its continued effort to support the growing number of hybrid sellers on Amazon. This is especially significant considering sales by Amazon (also known as first-party sales or 1P) reached $220 billion in 2023. With this integration, ChannelEngine can seamlessly help sellers streamline Amazon Vendor Central operations.

Key Points: 
  • With this integration, ChannelEngine can seamlessly help sellers streamline Amazon Vendor Central operations.
  • Our ability to integrate back-end systems through ChannelEngine with Vendor Central decreases the time spent on manually updating content in Amazon Vendor.
  • Later this year, ChannelEngine plans to extend the Amazon Vendor integration with support for retail procurement.
  • Next Thursday, March 7th, Amazon Vendor experts, Katharina Lurz, Head of Brand Experience from DEPT and Niels Floors, VP Strategic Partnerships, ChannelEngine, will share tips for brands to optimize their presence on Vendor Central in an upcoming webinar, Navigating Amazon Vendor at Scale.

Pennsylvania Monthly Home Listings Down Nearly 20% Compared to January 2023

Retrieved on: 
星期三, 二月 21, 2024

However, the price fell about 7.5% compared to December 2023.

Key Points: 
  • However, the price fell about 7.5% compared to December 2023.
  • Listings dropped nearly 20% compared to the same time last year.
  • There were 29,150 listings reported in January, similar to the number of listings in December.
  • The Pennsylvania Association of Realtors® is a trade/professional association that serves more than 39,000 members in the commonwealth of Pennsylvania.

Quantum Announces Delayed Form 10-Q Filing for Quarter Ending December 31, 2023

Retrieved on: 
星期三, 二月 14, 2024

Quantum Corporation (NASDAQ: QMCO) (“Quantum or the “Company”) announced today that it has filed a Form 12b-25 Notification of Late Filing for the quarter ended December 31, 2023 (the “Form 10-Q”) by February 9, 2024, the original due date for such filing.

Key Points: 
  • Quantum Corporation (NASDAQ: QMCO) (“Quantum or the “Company”) announced today that it has filed a Form 12b-25 Notification of Late Filing for the quarter ended December 31, 2023 (the “Form 10-Q”) by February 9, 2024, the original due date for such filing.
  • Nasdaq previously granted Quantum an extension to regain compliance with the filing of its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2023 by May 7, 2024, to satisfy Nasdaq listing rules.
  • Quantum is providing its cash and long-term debt balances as of December 31, 2023, which are unaudited below.
  • Total interest expense for the three-month period ended December 31, 2023 was $3.9 million, compared to $2.7 million for the same period a year ago.

NuZee, Inc. Announces Receipt of NASDAQ Notification

Retrieved on: 
星期五, 一月 26, 2024

In its Form 10-K, the Company reported stockholders' equity of $1,674,357, and, as a result, does not currently satisfy Nasdaq Marketplace Rule 5550(b)(1).

Key Points: 
  • In its Form 10-K, the Company reported stockholders' equity of $1,674,357, and, as a result, does not currently satisfy Nasdaq Marketplace Rule 5550(b)(1).
  • The Notice has no immediate effect on the Company's listing on the Nasdaq Capital Market.
  • In accordance with Nasdaq rules, the Company has 45 calendar days from the date of the notification to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1).
  • The company intends to regain compliance within the applicable compliance period and is preparing a compliance plan to submit to Nasdaq.

Quantum Announces Notification from Nasdaq Related to Delayed Form 10-Q Filing

Retrieved on: 
星期五, 十一月 17, 2023

On November 13, 2023, the Company filed a Notification of Late Filing on Form 12b-25 indicating that the filing of the Quarterly Report would be delayed due to additional time being needed related to its re-evaluation of its application of standalone selling price under Accounting Standards Codification Topic 606.

Key Points: 
  • On November 13, 2023, the Company filed a Notification of Late Filing on Form 12b-25 indicating that the filing of the Quarterly Report would be delayed due to additional time being needed related to its re-evaluation of its application of standalone selling price under Accounting Standards Codification Topic 606.
  • The Company intends to file a plan to regain compliance on or before January 16, 2024 in accordance with the Nasdaq Listing Rules.
  • If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.
  • The Company is working diligently to complete its re-evaluation and file the Quarterly Report as soon as possible within the timeline prescribed by Nasdaq.

Agrify Receives Extended Stay of Suspension from Nasdaq

Retrieved on: 
星期三, 十一月 8, 2023

TROY, Mich., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that on November 6, 2023 it received a letter from the Hearings Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying Agrify that the stay of suspension for Agrify’s common stock will be extended until a hearing before the Panel and issuance of a final Panel decision.

Key Points: 
  • TROY, Mich., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Agrify Corporation (Nasdaq: AGFY) (“Agrify”), a leading provider of innovative cultivation and extraction solutions for the cannabis industry, today announced that on November 6, 2023 it received a letter from the Hearings Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying Agrify that the stay of suspension for Agrify’s common stock will be extended until a hearing before the Panel and issuance of a final Panel decision.
  • The Staff Determination had no immediate effect and will not immediately result in the suspension of trading or delisting of Agrify’s shares of common stock.
  • Agrify filed amended Forms 10-Q on October 2, 2023 with the required restated financial statements.
  • There can be no assurance that Agrify will be able to file the Delinquent Reports within the extension period granted by the Panel.

Tackle releases its Explore Tier to reduce the barrier of entry to Cloud GTM

Retrieved on: 
星期三, 十一月 8, 2023

BOISE, Idaho, Nov. 8, 2023 /PRNewswire/ -- Tackle.io, the only end-to-end solution for B2B software companies to generate revenue through a data-driven Cloud go-to-market (Cloud GTM), today announced their new Explore offering. This new package enables all ISVs to start with and grow with Tackle to scale their revenue through this channel and meet their buyers where they are.

Key Points: 
  • BOISE, Idaho, Nov. 8, 2023 /PRNewswire/ -- Tackle.io , the only end-to-end solution for B2B software companies to generate revenue through a data-driven Cloud go-to-market (Cloud GTM), today announced their new Explore offering.
  • With an increase in ISVs looking to capture their buyer's pre-committed cloud spend through the Cloud Marketplaces, this cost-effective offering eliminates the friction for ISVs as they start their Cloud GTM journey while building internal commitment and resources for this business initiative.
  • For ISVs that require more support, Tackle offers a variety of paid strategic services , including Cloud GTM Coaching, Advisory Workshops, and Co-Sell Managed Services.
  • "We purchased Explore to leverage Tackle's Cloud GTM Platform for all our Marketplace needs as we build our cloud business," said Richard Mallam, CEO and founder at Verified Orchestration.

CarGurus Announces Third Quarter 2023 Results

Retrieved on: 
星期二, 十一月 7, 2023

GAAP consolidated net income was $19.0 million; Consolidated Adjusted EBITDA was $48.6 million, exceeding high-end of guidance range

Key Points: 
  • GAAP consolidated net income was $19.0 million; Consolidated Adjusted EBITDA was $48.6 million, exceeding high-end of guidance range
    CarGurus acquires the remaining minority equity interests in CarOffer, LLC
    CAMBRIDGE, Mass., Nov. 07, 2023 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), a multinational, online automotive platform for buying and selling vehicles, today announced financial results for the third quarter ended September 30, 2023.
  • "We are pleased to have exceeded our forecasted consolidated adjusted EBITDA guidance range for the quarter," said Jason Trevisan, Chief Executive Officer at CarGurus.
  • Website traffic and consumer engagement metrics for the third quarter of 2023 were as follows:
    U.S. average monthly unique users were 31.7 million, an increase of 8% year-over-year.
  • CarGurus anticipates total revenue, product revenue, non-GAAP Consolidated Adjusted EBITDA, and non-GAAP earnings per share ("EPS") to be in the following ranges: