Direct Digital Holdings (DRCT) has issued an announcement.
Direct Digital Holdings, Inc. is facing non-compliance issues with Nasdaq due to a delay in submitting its annual financial report. The company received a notice from Nasdaq and has 60 days to present a plan to regain compliance. If accepted, they could have up to 180 days to file the necessary report. Trading of the company’s securities continues on Nasdaq under the symbol “DRCT” as they work towards resolving the issue. The company has also issued a press release regarding this matter, emphasizing that the delay does not affect current trading.
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