Vinco Ventures Inc BBIG shares are trading lower. The company on Monday announced the receipt of a notice indicating it was not in compliance with Nasdaq's continued listing requirements.
What Happened: The Listing Qualifications Department of the Nasdaq advised Vinco Ventures that it's not in compliance with Nasdaq's continued listing requirements as a result of the company's failure to file its quarterly report with the SEC on Form 10-Q for the quarter ended Sept. 30.
Vinco Ventures also has a delinquency notice related to the company's 10-Q form for the quarter ended June 30. The company has submitted a plan of compliance to file both delinquent 10-Qs no later than Jan. 30, 2023. Vinco said it will submit an update to this plan of compliance to Nasdaq no later than Dec. 19.
Vinco Ventures focuses on the development of digital media and content technologies.
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BBIG Price Action: Vinco Ventures has a 52-week high of $3.73 and a 52-week low of 65 cents.
The stock was down 7.11% at 68 cents at time of publication, according to Benzinga Pro.
Photo: Lorenzo Cafaro from Pixabay.
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