Laser photonics received nasdaq compliance letters related to late filing of the june 30, 2024 10-q

Orlando, fl / accesswire / august 27, 2024 / laser photonics corporation (lpc) (nasdaq:lase), a leading global industrial developer of cleantech laser systems for laser cleaning and other applications, today announced that on august 20, 2024, it received a notice from nasdaq listing qualifications department of the nasdaq stock market llc ("nasdaq") stating that since the company has not yet filed its form 10-q for the quarter ended june 30, 2024 (the "filing"), and it no longer complies with nasdaq's listing rules (the "rules"), specifically listing rule 5250(c)(1), for continued listing. under the rules, the company has 60 calendar days to submit a plan to regain compliance, and if nasdaq accepts the company's plan, nasdaq can grant an exception of up to 180 calendar days from the filing's due date, or until february 17, 2025, to regain compliance.
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