Quanterix Corporation announced on November 22, 2024, that it received a notice from The Nasdaq Stock Market LLC. The notice stated that the company was no longer in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024.
This non-compliance notice has no immediate effect on the listing or trading of Quanterix's common stock on Nasdaq. The company has 60 calendar days, until January 20, 2025, to submit a plan to regain compliance with the rule.
Quanterix had previously announced on November 12, 2024, that the filing of its Q3 2024 Form 10-Q would be delayed due to the need to restate certain prior period financial statements. The company stated that this notice from Nasdaq was anticipated and that it is working to complete the restatement and all required filings by the end of 2024.
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