Welcome to our dedicated page for Hempacco Co. news (Ticker: $HPCO), a resource for investors and traders seeking the latest updates and insights on Hempacco Co. stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hempacco Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hempacco Co.'s position in the market.
Hempacco (NASDAQ: HPCO) announced it received a deficiency notice from Nasdaq for not filing its Quarterly Report on Form 10-Q for the quarter ending March 31, 2024. This notice, dated May 23, 2024, indicates non-compliance with Nasdaq Listing Rule 5250(c)(1). This has no immediate effect on the listing or trading of HPCO shares, but failure to comply may lead to delisting. Hempacco has until June 17, 2024, to update its compliance plan. If Nasdaq accepts, Hempacco may get up to 180 days extension until October 14, 2024. However, there's no assurance of plan acceptance or compliance within the extension period. Hempacco is working to file the report promptly.
Hempacco and Illumination Brands plan to combine their operations to create a vertically integrated beverage and snack brand incubator, aiming for $35 million in revenue in the first year. The potential combination would revolutionize the industry by leveraging Hempacco's manufacturing and R&D capabilities with Illumination Brands' distribution network.