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FlexShopper, Inc. Announces Receipt of Delisting Notification from Nasdaq

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FlexShopper (Nasdaq: FPAY) received a Nasdaq delisting notice dated October 14, 2025 and announced the notice on October 17, 2025. Nasdaq initiated delisting because the company failed to file its Form 10-K for year ended Dec 31, 2024 and Form 10-Qs for Mar 31, 2025 and Jun 30, 2025 by the final deadline of October 13, 2025 under Nasdaq Listing Rule 5250(c)(1).

Unless a hearing is requested by October 21, 2025, trading is set to be suspended at the open on October 23, 2025, with subsequent removal following Nasdaq's filing of Form 25-NSE. The company stated it does not intend to request a hearing.

FlexShopper (Nasdaq: FPAY) ha ricevuto una notifica di delisting Nasdaq datata 14 ottobre 2025 e ha annunciato la notifica il 17 ottobre 2025. Nasdaq ha avviato il processo di delisting perché la società non ha depositato il suo Form 10-K per l'anno chiuso al 31 dicembre 2024 e i Form 10-Q per il 31 marzo 2025 e il 30 giugno 2025 entro la scadenza finale del 13 ottobre 2025 ai sensi della Nasdaq Listing Rule 5250(c)(1).

A meno che non venga richiesta un'audizione entro il 21 ottobre 2025, il trading è previsto venga sospeso all'apertura del 23 ottobre 2025, con la successiva rimozione a seguito della presentazione da parte di Nasdaq del Form 25-NSE. L'azienda ha dichiarato di non avere intenzione di richiedere un'audizione.

FlexShopper (Nasdaq: FPAY) recibió una notificación de baja de Nasdaq con fecha de 14 de octubre de 2025 y anunció la notificación el 17 de octubre de 2025. Nasdaq inició la baja porque la empresa no presentó su Formulario 10-K para el año terminado el 31 de diciembre de 2024 y los Form 10-Q para el 31 de marzo de 2025 y el 30 de junio de 2025 antes de la fecha límite final del 13 de octubre de 2025 conforme a la Regla de Listado 5250(c)(1) de Nasdaq.

A menos que se solicite una audiencia antes del 21 de octubre de 2025, se prevé que las operaciones se suspendan al inicio del 23 de octubre de 2025, con la retirada subsiguiente tras la presentación por Nasdaq del Formulario 25-NSE. La empresa declaró que no tiene intención de solicitar una audiencia.

FlexShopper(Nasdaq: FPAY)2025년 10월 14일자로 작성된 나스닥의 상장폐지 통지를 받았고 2025년 10월 17일에 그 사실을 발표했습니다. 나스닥은 회사가 2024년 12월 31일 종료 연도에 대한 10-K2025년 3월 31일 및 2025년 6월 30일에 대한 10-Q를 최종 마감일인 2025년 10월 13일까지 제출하지 못해 상장폐지를 시작했습니다(나스닥 상장 규칙 5250(c)(1)). 청문회를 2025년 10월 21일까지 요청하지 않으면 거래는 2025년 10월 23일 개장 시에 중단될 예정이며, 이후 나스닥이 Form 25-NSE를 제출한 뒤 상장폐지가 이루어집니다. 회사는 청문회를 요청할 의사가 없다고 밝혔습니다.

FlexShopper (Nasdaq : FPAY) a reçu un avis de radiation de Nasdaq daté du 14 octobre 2025 et a annoncé l'avis le 17 octobre 2025. Nasdaq a initié la radiation car la société n'a pas déposé son formulaire 10-K pour l'année se terminant le 31 décembre 2024 et les formulaires 10-Q pour le 31 mars 2025 et le 30 juin 2025 avant la date limite finale du 13 octobre 2025 selon la règle 5250(c)(1) de Nasdaq Listing.

À moins qu'une audience ne soit demandée d'ici le 21 octobre 2025, les échanges devraient être suspendus à l'ouverture du 23 octobre 2025, avec la suppression subséquente après le dépôt par Nasdaq du formulaire 25-NSE. La société a déclaré ne pas avoir l'intention de demander une audience.

FlexShopper (Nasdaq: FPAY) erhielt eine Nasdaq-Delisting-Benachrichtigung vom 14. Oktober 2025 und gab die Mitteilung am 17. Oktober 2025 bekannt. Nasdaq leitete den Delisting-Verfahren ein, weil das Unternehmen seine Form 10-K für das Jahr zum 31. Dezember 2024 sowie die Form 10-Q für den 31. März 2025 und den 30. Juni 2025 nicht fristgerecht bis zum Endtermin 13. Oktober 2025 gemäß der Nasdaq Listing Rule 5250(c)(1) eingereicht hat.

Sofern bis zum 21. Oktober 2025 kein Hearing beantragt wird, wird der Handel voraussichtlich zum Eröffnungstag des 23. Oktober 2025 ausgesetzt, mit anschließender Entfernung nach Einreichung von Nasdaq des Form 25-NSE. Das Unternehmen erklärte, kein Hearing beantragen zu wollen.

FlexShopper (ناسداك: FPAY) تلقّت إشعاراً بإدراج مُعطل من Nasdaq بتاريخ 14 أكتوبر 2025 وأعلنت عن الإشعار في 17 أكتوبر 2025. بدأت Nasdaq إجراءات الإقصاء لأن الشركة لم تقدّم نموذج 10-K للسنة المنتهية في 31 ديسمبر 2024 ونماذج 10-Q للثلاثة أشهر المنتهية في 31 مارس 2025 و30 يونيو 2025 قبل الموعد النهائي النهائي في 13 أكتوبر 2025 وفقاً لقواعد الإدراج 5250(c)(1) في Nasdaq.

ما لم يتم طلب جلسة استماع بحلول 21 أكتوبر 2025، من المقرر أن يتعطل التداول عند الافتتاح في 23 أكتوبر 2025، مع الإزالة التالية بعد تقديم Nasdaq للنموذج 25-NSE. صرّحت الشركة بأنها لا تنوي طلب جلسة استماع.

FlexShopper(纳斯达克:FPAY) 收到了纳斯达克的退市通知,日期为 2025 年 10 月 14 日,并在 2025 年 10 月 17 日 公布通知。纳斯达克启动退市程序,因为公司未在最终期限 2025 年 10 月 13 日 前提交截至 2024 年 12 月 31 日的 10-K 年报和截至 2025 年 3 月 31 日及 2025 年 6 月 30 日的 10-Q 报告,违反纳斯达克上市规则 5250(c)(1)。除非在 2025 年 10 月 21 日 之前请求听证,交易预计将于 2025 年 10 月 23 日 开盘时暂停,随后在纳斯达克提交 Form 25-NSE 后被移除。公司表示无意请求听证。

Positive
  • Notice publicly disclosed on October 17, 2025
Negative
  • Missed filing of 10-K (Dec 31, 2024) and two 10-Qs (Mar 31 & Jun 30, 2025)
  • Nasdaq initiated delisting process after final deadline Oct 13, 2025
  • Trading suspension scheduled at open on Oct 23, 2025
  • Company does not intend to request a hearing, increasing likelihood of removal

BOCA RATON, Fla., Oct. 17, 2025 (GLOBE NEWSWIRE) -- FlexShopper, Inc. (Nasdaq: FPAY) (the “Company” or “FlexShopper”), today announced that it received a notice on October 14, 2025, from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that it has initiated a process to delist the Company’s common stock from Nasdaq. According to Nasdaq’s notice, the delisting is a result of the Company having not filed its Annual Report on Form 10-K for the period ended December 31, 2024, Quarterly Report on Form 10-Q for the period ended March 31, 2025 and Quarterly Report on Form 10-Q for the period ended June 30, 2025 with the Securities and Exchange Commission by October 13, 2025, the final deadline for filing the delinquent reports pursuant to Nasdaq Listing Rule 5250(c)(1).  

Unless the Company requests a hearing to appeal the delisting process by October 21, 2025, trading of the Company’s common stock will be suspended from The Nasdaq Capital Market at the opening of business on October 23, 2025, and will subsequently be removed from listing and registration when Nasdaq files a Form 25-NSE with the SEC. The Company does not intend to request a hearing.

Contact:

FlexShopper, Inc.
Investor Relations
ir@flexshopper.com


FAQ

Why did Nasdaq begin delisting proceedings for FlexShopper (FPAY)?

Nasdaq initiated delisting because FlexShopper did not file its 10-K for 2024 and two 10-Qs for March and June 2025 by the Oct 13, 2025 deadline.

What is the deadline to request a hearing to appeal the Nasdaq delisting for FPAY?

The deadline to request a hearing is October 21, 2025.

When will trading of FPAY be suspended on Nasdaq if no hearing is requested?

Trading is scheduled to be suspended at the opening of business on October 23, 2025.

Will FPAY remain listed on Nasdaq after the October 23, 2025 suspension?

If no hearing is requested, Nasdaq will file a Form 25-NSE and FPAY is expected to be removed from Nasdaq listing and registration.

Did FlexShopper say it will appeal the Nasdaq delisting notice (FPAY)?

No, the company stated it does not intend to request a hearing to appeal the delisting process.

Who can investors contact for more information about FPAY delisting?

Investors can contact FlexShopper investor relations at ir@flexshopper.com.
Flexshopper

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