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Tekkorp Digital Acquisition Corp. (NASDAQ:TEKK) received a notice from Nasdaq's Listing Qualifications Department due to the late filing of its Quarterly Report on Form 10-Q for Q1 2021. This delay stems from the need to assess the accounting treatment of warrants in compliance with SEC guidelines. The Company has until June 14, 2021, to file the Form 10-Q to regain compliance or may submit a compliance plan for possible extension. Failure to address this could lead to delisting proceedings. The Company is committed to filing the report as soon as practicable.
Tekkorp Digital Acquisition Corp. (Nasdaq: TEKK) received a notice from Nasdaq on April 15, 2021, indicating non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Annual Report on Form 10-K for the year ending December 31, 2020. The notice does not affect the current trading status of TEKK's securities. The Company has 60 days to submit a plan for compliance, potentially extending to 180 days if accepted. The delay is linked to evaluating warrant accounting treatment based on recent SEC guidance. TEKK plans to file the Form 10-K as soon as possible.
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