Gencor Announces Receipt of NYSE Regulation Notice Regarding Late Filing of the Quarterly Report on Form 10-Q for the period Ended March 31, 2026
Rhea-AI Summary
Gencor (NYSE American: GENC) received a NYSE Regulation delinquency notice on May 19, 2026 for not timely filing its Form 10-Q for the quarter ended March 31, 2026, due May 18. The company has six months to regain compliance, with a possible additional six-month NYSE extension.
There is no immediate effect on listing or trading, but NYSE American may begin suspension or delisting at any time. Gencor currently expects to file within the initial six-month period, though this is not assured.
Positive
- No immediate impact on GENC listing or trading status
- Initial six-month period granted to regain NYSE American compliance
- Potential additional six-month extension at NYSE’s discretion
- Company expects to file the delayed Form 10-Q within six months
Negative
- Company currently not in compliance with NYSE American listing standards
- Risk of NYSE American suspension and delisting at any time
- Quarterly Report on Form 10-Q for March 31, 2026 remains unfiled
- Uncertainty as there is no assurance Form 10-Q will be filed within six months
News Market Reaction – GENC
In the Jun 2 session, GENC gained 5.24%, reflecting a notable positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 12 | Guidance withdrawal | Negative | -3.9% | Company withdrew and retracted preliminary Q2 FY2026 earnings release. |
| May 08 | Earnings release | Positive | +2.5% | Q2 FY2026 showed higher margins, strong backlog, solid income and cash. |
| Feb 06 | Earnings release | Positive | +12.2% | Q1 FY2026 reported margin improvement, healthy cash, backlog and no debt. |
| Dec 23 | Leadership change | Neutral | +0.0% | Founder EJ Elliott retired; Marc Elliott appointed Chairman effective Jan 1, 2026. |
| Dec 09 | Earnings release | Neutral | -1.8% | FY2025 showed modest growth and strong cash but a sharply lower backlog. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news-driven moves mostly aligned with sentiment: positive operating results and governance changes saw supportive or neutral reactions, while negative or uncertain disclosures produced declines.
Over the last six months, Gencor has reported generally solid operating performance with strong cash, no debt, and growing backlogs in Q1 and Q2 FY2026, which saw positive reactions of 12.18% and 2.46% respectively. A December 2025 earnings release showed modest revenue growth but a sharply lower backlog and drew a mild -1.84% move. Governance transitions, including the founder’s retirement effective Dec 31, 2025, were absorbed with no price change. By contrast, the May 12, 2026 withdrawal of preliminary Q2 results triggered a -3.88% decline, similar in tone to today’s late-filing notice.
Key Terms
form 10-q regulatory
securities and exchange commission regulatory
nyse regulation regulatory
nyse american regulatory
forward-looking statements regulatory
exchange act regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
ORLANDO, Fla., June 01, 2026 (GLOBE NEWSWIRE) -- Gencor Industries, Inc. (the “Company”) (NYSE American: GENC) announced that on May 19, 2026 it received a filing delinquency notification (the “Delinquency Notification”) from the NYSE Regulation (the “NYSE”) indicating that, as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026 (the “Form 10-Q”) with the Securities and Exchange Commission (the “SEC”) by the filing due date of May 18, 2026, the Company is not in compliance with NYSE American LLC’s (“NYSE American”) continued listing standards and is now subject to the procedures and requirements set forth in Section 1007 of the NYSE American Company Guide. The receipt of the Delinquency Notification has no immediate effect on the listing or trading of the Company’s common stock on NYSE American.
The NYSE informed the Company that, under NYSE rules, the Company has six months from the Form 10-Q filing due date of May 18, 2026, to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. The NYSE further noted that, if the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, at its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the Company’s specific circumstances. The Delinquency Notification also notes that the NYSE may nevertheless commence suspension and delisting proceedings at any time if it deems that the circumstances warrant.
The Company currently expects to file the Form 10-Q within the six-month period granted by the Delinquency Notification; however, there can be no assurance that the Form 10-Q will be filed within such period.
Gencor Industries is a diversified heavy machinery manufacturer for the production of highway construction materials and equipment and environmental control machinery and equipment used in a variety of applications.
Caution Concerning Forward Looking Statements - This press release and our other communications and statements may contain certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), including statements about the Company’s beliefs, plans, objectives, goals, expectations, estimates, projections and intentions. These statements are subject to significant risks and uncertainties and are subject to change based on various factors, many of which are beyond the Company’s control. Actual results may differ materially depending on a variety of important factors, including the financial condition of the Company’s customers, changes in the economic and competitive environments and demand for the Company’s products. In addition, the impact of the invasion by Russia into Ukraine and the conflict between Israel and Hamas, including hostilities involving Iran, as well as actions taken by other countries, including the U.S., in response to such conflicts, could result in a disruption in our supply chain and higher costs of our products. The words “may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “target,” “goal,” and similar expressions are intended to identify forward-looking statements.
For information concerning these factors and related matters, see the following sections of the Company’s Annual Report on Form 10-K for the year ended September 30, 2025: (a) Part I, Item 1A, “Risk Factors” and (b) Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations”. However, other factors besides those referenced could adversely affect the Company’s results, and you should not consider any such list of factors to be a complete set of all potential risks or uncertainties. Any forward-looking statements made by the Company herein speak as of the date of this press release. The Company does not undertake to update any forward-looking statements, except as required by law.
Unless the context otherwise indicates, all references in this press release to the “Company,” “Gencor,” “we,” “us,” or “our,” or similar words are to Gencor Industries, Inc. and its subsidiaries.
Contact: Marc Elliott, President
407-290-6000
