Locafy Receives Nasdaq Notification Regarding Delayed Filing of Interim Financials
Locafy (NASDAQ: LCFY), a global location-based digital marketing company, has received a notification from Nasdaq regarding non-compliance with listing rules. The company failed to file its Form 6-K containing interim financial statements for Q2 ended December 31, 2024.
Locafy has been given 60 calendar days until September 1, 2025 to submit a compliance plan. If accepted by Nasdaq, the company could receive up to 180 days extension until December 29, 2025 to regain compliance. While the notice does not immediately affect Locafy's listing status, there is no guarantee that the company's plan will be accepted or that compliance will be achieved.
Locafy (NASDAQ: LCFY), una società globale di marketing digitale basato sulla localizzazione, ha ricevuto una notifica da Nasdaq riguardo alla non conformità alle regole di quotazione. L'azienda non ha presentato il modulo 6-K contenente i bilanci intermedi per il secondo trimestre terminato il 31 dicembre 2024.
Locafy ha ricevuto 60 giorni di calendario fino al 1° settembre 2025 per presentare un piano di conformità. Se accettato da Nasdaq, la società potrebbe ottenere una proroga fino a 180 giorni, fino al 29 dicembre 2025, per tornare in regola. Sebbene la notifica non influenzi immediatamente lo status di quotazione di Locafy, non vi è alcuna garanzia che il piano venga accettato o che la conformità venga raggiunta.
Locafy (NASDAQ: LCFY), una empresa global de marketing digital basado en la ubicación, ha recibido una notificación de Nasdaq por incumplimiento de las normas de listado. La compañía no presentó su Formulario 6-K con los estados financieros interinos del segundo trimestre finalizado el 31 de diciembre de 2024.
Locafy tiene 60 días calendario hasta el 1 de septiembre de 2025 para enviar un plan de cumplimiento. Si Nasdaq lo acepta, la empresa podría recibir una prórroga de hasta 180 días, hasta el 29 de diciembre de 2025 para recuperar el cumplimiento. Aunque el aviso no afecta inmediatamente el estado de cotización de Locafy, no hay garantía de que el plan sea aceptado o que se logre el cumplimiento.
Locafy (NASDAQ: LCFY)는 글로벌 위치 기반 디지털 마케팅 회사로, 상장 규정 미준수에 대해 나스닥으로부터 통보를 받았습니다. 회사는 2024년 12월 31일 종료된 2분기 중간 재무제표가 포함된 Form 6-K를 제출하지 않았습니다.
Locafy는 2025년 9월 1일까지 60일의 기한 내에 준수 계획을 제출해야 합니다. 나스닥에서 이를 승인할 경우, 회사는 2025년 12월 29일까지 최대 180일 연장을 받아 준수를 회복할 수 있습니다. 이 통보가 즉시 Locafy의 상장 상태에 영향을 미치지는 않지만, 회사의 계획이 승인되거나 준수가 달성된다는 보장은 없습니다.
Locafy (NASDAQ : LCFY), une entreprise mondiale de marketing digital basé sur la localisation, a reçu une notification de la part du Nasdaq concernant un non-respect des règles de cotation. La société n’a pas déposé son formulaire 6-K contenant les états financiers intermédiaires pour le deuxième trimestre clos le 31 décembre 2024.
Locafy dispose de 60 jours calendaires jusqu’au 1er septembre 2025 pour soumettre un plan de conformité. Si ce plan est accepté par le Nasdaq, la société pourrait bénéficier d’une extension pouvant aller jusqu’à 180 jours, jusqu’au 29 décembre 2025, pour retrouver la conformité. Bien que cette notification n’affecte pas immédiatement le statut de cotation de Locafy, aucune garantie n’est donnée quant à l’acceptation du plan ou à l’atteinte de la conformité.
Locafy (NASDAQ: LCFY), ein globales, standortbasiertes Digitalmarketing-Unternehmen, hat von der Nasdaq eine Mitteilung bezüglich der Nichteinhaltung der Börsenzulassungsregeln erhalten. Das Unternehmen hat es versäumt, das Formular 6-K mit den Zwischenfinanzberichten für das am 31. Dezember 2024 endende zweite Quartal einzureichen.
Locafy hat 60 Kalendertage bis zum 1. September 2025 Zeit, einen Compliance-Plan vorzulegen. Wird dieser von der Nasdaq akzeptiert, könnte das Unternehmen eine Verlängerung von bis zu 180 Tagen bis zum 29. Dezember 2025 erhalten, um die Compliance wiederherzustellen. Obwohl die Mitteilung den Börsenstatus von Locafy nicht sofort beeinträchtigt, gibt es keine Garantie, dass der Plan akzeptiert wird oder die Compliance erreicht wird.
- No immediate impact on stock listing or trading
- Company has 60 days to submit compliance plan
- Potential 180-day extension available if plan is accepted
- Failure to file required Form 6-K with Q2 2024 financial statements
- Risk of potential delisting if compliance is not achieved
- Uncertainty regarding acceptance of compliance plan
PERTH, Australia, July 03, 2025 (GLOBE NEWSWIRE) -- Locafy Limited (NASDAQ: LCFY, “Locafy” or the “Company”), a globally recognized leader in location-based digital marketing, today announced that on July 1, 2025, it received a notice from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(2) (the “Rule”), as the Company has not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter ended December 31, 2024 (the “Filing”).
The Nasdaq notice has no immediate effect on the listing or trading of the Company’s securities. Under Nasdaq’s listing rules, the Company has 60 calendar days, or until September 1, 2025, to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, it may grant an extension of up to 180 calendar days from the Filing’s original due date, or until December 29, 2025, for the Company to regain compliance.
Locafy is working diligently to complete the required filing and intends to submit a compliance plan within the required timeframe. There can be no assurance that the Company's plan will be accepted or the Company will be able to regain compliance with the Rule.
About Locafy
Locafy (Nasdaq: LCFY, LCFYW) is a globally recognized software-as-a-service (SaaS) technology company specializing in local search engine marketing. Founded in 2009, Locafy’s mission is to revolutionize the US
Forward-Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "subject to", "believe," "anticipate," "plan," "expect," "intend," "estimate," "project," "may," "will," "should," "would," "could," "can," the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words and include, but are not limited to, the Company's ability to regain and maintain compliance with the Nasdaq Capital Market's continued listing requirements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's filings with the Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 20-F, filed with the SEC on November 12, 2024, as amended, and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements
Investor Relations Contact:
Matt Glover
Gateway Group, Inc.
(949) 574-3860
LCFY@gateway-grp.com
