Pathward Financial, Inc. has received a notice from the Nasdaq regarding its late filing of the quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2025. The company is not in compliance with Nasdaq listing rule 5250(c)(1) due to its failure to timely file the report.
As a result of this notice, the company has 60 days to submit a plan to regain compliance with the listing rule, and Nasdaq has the discretion to grant Pathward Financial up to 180 calendar days from the filing’s due date, or until November 11, 2025, to regain compliance.
The notice has no immediate effect on the listing or trading of the company’s common stock on the Nasdaq. Pathward Financial, Inc. is a U.S.-based financial holding company that aims to increase financial availability, choice, and opportunity across its partner solutions and commercial finance business lines.
It's important to note that the press release does not provide specific financial metrics or changes since the last period. As a result of these announcements, the company's shares have moved -1.06% on the market, and are now trading at a price of $77.46. For more information, read the company's full 8-K submission here.