Veradigm discloses receipt of Nasdaq stay extension

Veradigm “announced that, on October 6, 2023, it received a notice from Nasdaq indicating that the temporary stay of delisting of the Company’s common stock has been extended pending a hearing before the Nasdaq Hearings Pane on November 16, 2023, and the issuance of a final Panel decision. Previously, the Company disclosed that, on September 20, 2023, it had received a notice from Nasdaq indicating that the Company’s common stock would be delisted due to noncompliance with Nasdaq Listing Rule 5250(c)(1), because the Company did not file its Annual Report on Form 10-K for the year ended December 31, 2022, Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 before the expiration of the 180-day “exception period” that was previously granted by Nasdaq.”