An announcement from Luna Innovations (LUNA) is now available.
Luna Innovations Incorporated is facing compliance issues with Nasdaq due to delays in filing its periodic financial reports, which has put the company at risk of being delisted. They received a delinquency notification and must submit an updated plan to regain compliance or potentially face delisting. Despite these challenges, the company is working towards meeting the requirements, and the outcome of their efforts to remain listed on Nasdaq remains uncertain.
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