Newage, inc. receives notification from nasdaq related to delayed annual report on form 10-k

Salt lake city, april 04, 2022 (globe newswire) -- as previously announced, on march 16, 2022, newage, inc. (nasdaq: nbev) (the “company” or “newage”), filed a notification of late filing on form 12b-25 indicating that the filing of its annual report on form 10-k for the fiscal year ended december 31, 2021 (the “annual report”) would be delayed. in addition, on march 31, 2022, the company filed a form 8-k indicating that the company would be unable to file its annual report within the 15-day extension. as expected, on april 1, 2022, the company received a letter from nasdaq stating that, as a result of the delay, the company is not in compliance with the timely filing requirement for continued listing under nasdaq listing rule 5250(c)(1) (the “nasdaq listing rule”).
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