- ALFI (NASDAQ:ALF) falls 1.64% pre market as it received a notice from Nasdaq that it is not in compliance with the requirements for continued listing due to delay in filing Form 10-Q.
- The Notice has no immediate effect on the listing or trading of the securities however, if the Company fails to timely regain compliance with the rule, then the Company's securities will be subject to delisting from Nasdaq.
- The Company has 60 calendar days from receipt of the notice, or until January 17, 2022, to submit a plan to regain compliance.
- Recently, the company appointed Louis A. Almerini as interim CFO