Primis Financial Corp. announced on April 14, 2025, that it received a response letter from the Nasdaq Hearings Advisor. This letter confirmed the setting of a hearing for Thursday, May 15, 2025, and granted a stay of the delisting determination.
The stay will remain in effect pending a final written decision by the Nasdaq Hearings Panel. This follows the company's appeal of Nasdaq's delisting determination, which was issued due to the delayed filing of its 2024 Form 10-K.
The company plans to file the Form 10-K for the year ending December 31, 2024, as promptly as practicable, with the expectation of doing so prior to the scheduled hearing. This action is intended to bring the company into compliance with Nasdaq Listing Rules.
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