Petmed Express (PETS) has released an update.
PetMed Express, Inc. missed the deadline to file its Quarterly Report due to the need to restate financial statements, causing a non-compliance notice from Nasdaq. The company must now submit a plan to regain compliance and may receive up to 180 days to do so. PetMed Express is working to complete the restatement and file the necessary report as soon as possible, despite no guarantees on the timing. They have also publicly announced the receipt of the Nasdaq notice.
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