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百老汇金融收到纳斯达克不合规通知
2025-06-03 04:14
- Broadway Financial (NASDAQ:BYFC) received a Nasdaq notice on May 28, 2025, for non-compliance due to its delayed Q1 2025 filing.
- The delay stems from complexities in valuing a securities purchase option agreement tied to its Series C preferred stock under the U.S. Treasury’s Emergency Capital Investment Program.
- Additional delays involve fair value measurement disclosures and completion of review procedures by its auditor, Crowe LLP.
- Nasdaq has given BYFC 60 days (until July 27, 2025) to submit a compliance plan; if accepted, the company may get up to 180 days (until November 17, 2025) to regain compliance.
- Source: Press release
More on Broadway Financial
- Financial information for Broadway Financial
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