Infinera (INFN) just unveiled an update.
Infinera Corporation has announced a delay in filing its Annual Report due to issues outlined in a previous notification, resulting in a non-compliance notice from Nasdaq. The company has 60 days to present a plan to regain compliance and may be granted up to 180 days to do so. Although there’s no immediate impact on their stock’s listing or trading, the company is actively working to resolve the filing delay and comply with Nasdaq’s requirements. Infinera has also issued a press release regarding this notice but cautions that this update contains forward-looking statements that are subject to various risks and uncertainties.
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