ToughBuilt Industries (TBLT) has shared an update.
Toughbuilt Industries, Inc. is facing a compliance issue with Nasdaq after failing to file its Annual Report for the year ended December 31, 2023. The company, traded under the symbol “TBLT,” received a notice giving them 60 days to present a plan to regain compliance, with a possible extension period of up to 180 days. Although their stock remains listed on the Nasdaq Capital Market, they must meet Nasdaq’s conditions to maintain their status. The company intends to file the overdue report promptly and outline their compliance strategy to Nasdaq.
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