Midland States Bancorp received a deficiency notification from Nasdaq regarding the delayed filing of their Quarterly Report on Form 10-Q.
The notification indicated non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the late submission of the Form 10-Q.
The company has until October 18, 2025, to submit a plan to regain compliance with the listing rules.
Deficiency Notification
Received expected deficiency notification from Nasdaq due to delayed 10-Q filing.
Compliance Deadline
Company has until October 18, 2025, to submit a plan to regain compliance.
Discretionary Extension
Nasdaq may grant up to 180 days from the due date of the 10-Q for compliance.
- The deficiency notification has no immediate impact on the company's stock listing or trading on Nasdaq.
- The company plans to take necessary steps to comply with Nasdaq's listing rules as soon as practicable.
Midland States Bancorp is committed to regaining compliance with Nasdaq's listing rules and ensuring timely filings of required reports.