COMSovereign Holding announced the filing yesterday of its quarterly report on Form 10-Q for the period ended March 31, 2022, a requirement under its continued listing on the Nasdaq Capital Market. "The filing of our first quarter 10-Q for the period ended March 31, 2022 is the first step on our path to regain compliance with our filing requirements as outlined by the Nasdaq Panel," said David Knight, CEO and President of COMSovereign. "It should be noted that the first quarter report does not yet reflect our efforts to drastically reduce operating expenses, including approximately a 75% reduction in headcount."
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