Luxurban hotels inc. receives nasdaq listing deficiency notice

Miami, aug. 26, 2024 (globe newswire) -- luxurban hotels inc. (nasdaq: luxh) today announced it has received a notice (the “notice”) from the nasdaq stock market llc (“nasdaq”) on august 20, 2024 indicating that the company is not currently in compliance with nasdaq's listing rules (“the listing rules”) due to the company's not timely filing its form 10-q for the period ended june 30, 2024 (the “form 10-q”) with the securities and exchange commission (“sec”). the notice does not immediately affect the listing or trading of the company's securities. according to listing rule 5250(c)(1), the company was required to file form 10-q by august 14, 2024 (the “due date”). the company previously reported its inability to file form 10-q by the due date on a form 12b-25 that the company filed with the sec on august 14, 2024.
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