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Mesa Air Group Faces Nasdaq Compliance Challenge

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Mesa Air Group Faces Nasdaq Compliance Challenge

Mesa Air Group ( (MESA) ) has shared an announcement.

On February 21, 2025, Mesa Air Group received a notification from Nasdaq due to delays in filing its Quarterly and Annual Reports with the SEC, which affects its compliance with Nasdaq’s listing requirements. Despite these delays, there is no immediate impact on the trading of Mesa’s stock, and the company is working to resolve the issue by submitting a compliance plan by March 17, 2025, potentially extending the deadline to July 14, 2025, if accepted by Nasdaq.

More about Mesa Air Group

Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled passenger service to 67 cities in 34 states, Cuba, and Mexico. As of September 30, 2024, Mesa operated a fleet of 67 aircraft, with approximately 265 daily departures. The Company had approximately 1,838 employees. Mesa operates all its flights as United Express pursuant to the terms of a capacity purchase agreement entered into with United Airlines, Inc.

YTD Price Performance: -11.02%

Average Trading Volume: 251,219

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $46.68M

See more data about MESA stock on TipRanks’ Stock Analysis page.

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