IMTE Receives Nasdaq Compliance Warning
Integrated Media Technology (IMTE) has released an update.
Integrated Media Technology Limited (IMTE) has reported receiving a Deficiency Letter from Nasdaq for not filing its annual report on time, thus falling out of compliance with Nasdaq’s Listing Rule. The company plans to submit a Compliance Plan to regain compliance and has until mid-July to do so, with the possibility of an extension until November. Despite this setback, the company’s shares remain listed on the Nasdaq Capital Market.
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