New Fortress Energy Inc. (NASDAQ: NFE) recently disclosed its receipt of a notice from the Nasdaq Stock Market, indicating non-compliance with Nasdaq listing rule 5250(c)(1) due to the delayed filing of its Form 10-Q for the period ended June 30, 2025, with the U.S. Securities and Exchange Commission (SEC).
The company has 60 calendar days from the notice date to submit a plan to regain compliance, and it expects to file the 10-Q well before the plan is due to Nasdaq. If Nasdaq accepts the company’s plan, it may grant New Fortress Energy Inc. up to 180 calendar days from the prescribed due date of the Form 10-Q, or until February 16, 2026, to file the form and regain compliance.
Despite this notice, the listing or trading of the company’s securities on the Nasdaq Stock Market is not immediately impacted. However, failure to timely regain compliance with Nasdaq’s listing rules could lead to the delisting of the company’s Class A common stock from Nasdaq.
New Fortress Energy Inc., a global energy infrastructure company, was founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The company owns and operates natural gas and liquefied natural gas (LNG) infrastructure, as well as an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to global markets. The company's assets and operations aim to reinforce global energy security, enable economic growth, enhance environmental stewardship, and transform local industries and communities worldwide. The market has reacted to these announcements by moving the company's shares 0.57% to a price of $2.655. For the full picture, make sure to review New Fortress Energy's 8-K report.
