Vinco Ventures receives Nasdaq staff determination letter

Vinco Ventures, on February 14, received a Staff Determination letter from Nasdaq. The Letter states that on August 19 and November 17, 2022, Staff notified the company that it did not comply with Nasdaq’s filing requirements set forth in Listing Rule 5250(c)(1) because it had not filed its Form 10-Q for the period ended June 30, 2022, and its Form 10-Q for the period ended September 30, 2022. Staff granted the company an exception until January 31, 2023, to regain compliance with the Rule. Subsequently, on January 26, 2023, the company requested additional time to file the Delinquent Filings and Staff granted the company an exception until February 13, 2023, to regain compliance with the Rule. Upon further review, Staff determined that the company did not meet the terms of the exception because it had not filed the Delinquent Filings by February 13, 2023. The company will appeal Staff’s determination to a Hearings Panel, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series.