Neptune provides bi-weekly update to management cease trade order; receives notification of deficiency from nasdaq related to delayed filing of form 40-f

Laval, qc, july 5, 2021 /prnewswire/ - neptune wellness solutions inc. ("neptune" or the "company") (nasdaq: nept) (tsx: nept), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today is providing an update to its previously disclosed management cease trade order, announced on june 24, 2021, in respect of the audited annual financial statements, corresponding management discussion and analysis and annual information form for the year ended march 31, 2021, including the related ceo and cfo certifications (collectively the "annual filings"), that were not filed by the required filing deadline of june 30, 2021. in addition, due to the delayed filing, the company received on july 2, 2021 a letter (the "letter") from the listing qualifications department of the nasdaq stock market ("nasdaq") notifying the company that it was not in compliance with the requirements of nasdaq listing rule 5250(c)(1) as a result of not having timely filed its annual report on form 40-f for the fiscal year ended march 31, 2021 (the "form 40-f").
NEPT Ratings Summary
NEPT Quant Ranking