Core Viewpoint - Infobird Co., Ltd is currently delinquent in filing its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC, which was due by May 15, 2024 [1][2] Group 1: Compliance and Notifications - On May 20, 2024, Infobird received a notification from Nasdaq indicating non-compliance with Listing Rule 5250(c)(1) due to the late filing of the 2023 Form 20-F [2] - The Nasdaq notification allows Infobird 60 calendar days, until July 19, 2024, to submit a compliance plan [3] - If the compliance plan is accepted, Nasdaq may grant an extension of up to 180 days, allowing compliance to be regained by November 11, 2024 [3] Group 2: Company Actions and Intentions - Infobird intends to submit a plan of compliance to Nasdaq on or before July 19, 2024 [3] - The Nasdaq notification does not have an immediate effect on the listing of Infobird's ordinary shares on the Nasdaq Stock Market [4]
Infobird Co., Ltd Receives Notification from Nasdaq for Failure to Timely File Form 20-F