Broadway financial corporation announces notification from nasdaq regarding late filing of form 10-q

Los angeles , june 2, 2025 /prnewswire/ -- broadway financial corporation ("broadway", "we", or the "company") (nasdaq: byfc), parent company of city first bank, national association, announced today it received a letter from the nasdaq stock market llc ("nasdaq"), dated may 28, 2025, informing the company that it no longer complies with nasdaq listing rule 5250(c)(1) ("rule 5250(c)(1)") for continued listing on the nasdaq capital market because its quarterly report on form 10-q for the quarter ended march 31, 2025 (the "form 10-q") was not filed within the time period prescribed by the securities and exchange commission ("sec") rules.  nasdaq's notice has no immediate effect on the listing or trading of the company's shares on the nasdaq capital market, although there can be no assurances that further delays in the filing of the form 10-q or the company's other sec reports will not have an impact on the listing or trading of the company's common stock.
BYFC Ratings Summary
BYFC Quant Ranking