Procaps Group Faces Nasdaq Delisting Risk Over Delayed 2023 Financial Filing

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Procaps Group (NASDAQ: PROC) received notice from Nasdaq’s Listing Qualifications Department on November 13, 2024, regarding potential suspension and delisting due to failing to timely file Form 20-F for fiscal year 2023. The company plans to request a hearing before the Nasdaq Hearings Panel and seek a stay of any suspension action. Hearings typically occur 30-45 days after request. Until the Panel decides on the stay request, Procaps’ securities will continue trading on Nasdaq. The company is working to complete an independent investigation and file the required Form 20-F.

Procaps Group (NASDAQ: PROC) ha ricevuto una comunicazione dal Dipartimento delle Qualificazioni di Quotazione di Nasdaq il 13 novembre 2024, riguardante una potenziale sospensione e delisting a causa della mancata presentazione tempestiva del modulo 20-F per l’anno fiscale 2023. L’azienda…

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