Informa TechTarget announced on April 17, 2025, that it received a notification letter from The Nasdaq Stock Market LLC, indicating non-compliance with Nasdaq Listing Rule 5250(c)(1). This non-compliance stems from the company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
The notice does not have an immediate effect on the listing or trading of the company’s securities. Informa TechTarget has 60 calendar days from the date of the notice to submit a plan to regain compliance with the rule.
The company expects to file the Form 10-K on or about April 29, 2025, or as soon as practicable thereafter, and anticipates regaining compliance. This regulatory challenge follows previous disclosures of financial statement restatements and expected goodwill impairment charges, highlighting ongoing financial reporting complexities.
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