New Fortress Energy Inc. announced on August 22, 2025, that it received a notice from the Nasdaq Stock Market's Listing Qualifications Department. This notice stated that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Form 10-Q for the period ended June 30, 2025, with the U.S. Securities and Exchange Commission (SEC).
This marks the second such notice received by the company, following a similar notification for its Q1 2025 filing. New Fortress Energy has 60 calendar days from the date of this notice to submit a plan to regain compliance, with Nasdaq potentially granting up to 180 calendar days, or until February 16, 2026, to file the Form 10-Q.
The company stated that this notice has no immediate impact on the listing or trading of its securities on the Nasdaq Stock Market. However, repeated non-compliance highlights ongoing administrative challenges and, if not resolved, could lead to the delisting of its Class A common stock, posing a material risk to investors.
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