Mediaco Holding (MDIA) has provided an update.
MediaCo Holding Inc. has been notified by Nasdaq that it’s not in compliance with a requisite listing rule due to the late filing of its quarterly report. The company has a deadline to submit a plan to regain compliance, with a possible extension period for resolution. Despite this, MediaCo’s stock remains actively traded on The Nasdaq Capital Market. The company is working diligently to address the delay and has made a public announcement regarding the notice received.
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