Edgio (EGIO) just unveiled an announcement.
Edgio, Inc. is facing a compliance issue with Nasdaq after failing to file its annual report on time, due to the resignation of its previous accounting firm. While the company is not currently at risk of being delisted, it has been given 60 days to present a plan to Nasdaq to rectify the situation and could potentially have up to 180 days to achieve compliance. Edgio is working to file the required report as soon as possible and maintains the possibility of appealing any unfavorable decisions from Nasdaq. The company has also issued a press release regarding this notice.
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