PowerFleet Inc Strives to Resolve Nasdaq Compliance Issues

An update from PowerFleet Inc (PWFL) is now available.

Powerfleet, Inc. is facing a compliance issue after failing to file its annual report on time, prompting a notification from Nasdaq. The company is actively working to submit the overdue report within the given 60-day deadline to maintain its listing on The Nasdaq Global Market. Meanwhile, Powerfleet has made public its receipt of the notification and the restatement of its financial statements for certain periods, emphasizing these forward-looking statements are based on current management expectations and subject to risks outlined in its SEC filings.

For detailed information about PWFL stock, go to TipRanks’ Stock Analysis page.