Nocera, Inc. Receives Nasdaq Notice Due to Delay in Filing 2024 Annual Report
Nocera, a sustainable seafood company listed on NASDAQ under the symbol NCRA, has received a non-compliance notice from Nasdaq due to delayed filing of its 2024 Annual Report (Form 10-K).
Key points:
- The notification was received on April 24, 2025
- The company has violated Nasdaq Listing Rule 5250(c)(1) requiring timely filing of SEC reports
- Nocera has 60 calendar days to submit a compliance plan
- If accepted, Nasdaq may extend the deadline up to October 13, 2025
The company's stock will continue trading under "NCRA" during this period, with no immediate impact on its listing status. Nocera has stated they are working to complete the Form 10-K and will submit a compliance plan within the required timeframe.
The company specializes in manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS) for sustainable seafood production.
Nocera, un'azienda di prodotti ittici sostenibili quotata al NASDAQ con il simbolo NCRA, ha ricevuto un avviso di non conformità da Nasdaq a causa del ritardo nella presentazione del suo Rapporto Annuale 2024 (Modulo 10-K).
Punti chiave:
- L'avviso è stato ricevuto il 24 aprile 2025
- L'azienda ha violato la Regola di Quotazione Nasdaq 5250(c)(1) che richiede la tempestiva presentazione dei rapporti SEC
- Nocera ha 60 giorni di calendario per presentare un piano di conformità
- Se accettato, Nasdaq potrà estendere la scadenza fino al 13 ottobre 2025
Le azioni della società continueranno a essere negoziate con il simbolo "NCRA" durante questo periodo, senza impatti immediati sullo stato di quotazione. Nocera ha dichiarato di essere al lavoro per completare il Modulo 10-K e presenterà un piano di conformità entro i termini richiesti.
L'azienda è specializzata nella produzione e gestione di Sistemi di Acquacoltura a Ricircolo (RAS) terrestri per la produzione sostenibile di prodotti ittici.
Nocera, una empresa de mariscos sostenibles cotizada en NASDAQ bajo el símbolo NCRA, ha recibido un aviso de incumplimiento por parte de Nasdaq debido a la presentación tardía de su Informe Anual 2024 (Formulario 10-K).
Puntos clave:
- La notificación se recibió el 24 de abril de 2025
- La empresa ha incumplido la Regla de Cotización Nasdaq 5250(c)(1) que exige la presentación puntual de los informes de la SEC
- Nocera tiene 60 días naturales para presentar un plan de cumplimiento
- Si se acepta, Nasdaq podría extender el plazo hasta el 13 de octubre de 2025
Las acciones de la compañía seguirán cotizando bajo el símbolo "NCRA" durante este periodo, sin impacto inmediato en su estado de cotización. Nocera ha declarado que está trabajando para completar el Formulario 10-K y presentará un plan de cumplimiento dentro del plazo requerido.
La empresa se especializa en la fabricación y operación de Sistemas de Acuicultura de Recirculación en tierra (RAS) para la producción sostenible de mariscos.
노세라(Nocera)는 NASDAQ에 NCRA라는 심볼로 상장된 지속 가능한 해산물 회사로, 2024년 연례 보고서(Form 10-K) 제출 지연으로 인해 나스닥으로부터 비준수 통지를 받았습니다.
주요 내용:
- 통지는 2025년 4월 24일에 접수됨
- 회사는 SEC 보고서의 적시 제출을 요구하는 Nasdaq 상장 규칙 5250(c)(1)을 위반함
- 노세라는 60일 이내에 준수 계획을 제출해야 함
- 승인될 경우, Nasdaq은 기한을 2025년 10월 13일까지 연장할 수 있음
이 기간 동안 회사 주식은 "NCRA" 심볼로 계속 거래되며, 상장 상태에 즉각적인 영향은 없습니다. 노세라는 Form 10-K 작성을 완료하기 위해 노력 중이며, 요구된 기간 내에 준수 계획을 제출할 것이라고 밝혔습니다.
회사는 지속 가능한 해산물 생산을 위한 육상 순환식 양식 시스템(RAS) 제조 및 운영을 전문으로 합니다.
Nocera, une entreprise de fruits de mer durable cotée au NASDAQ sous le symbole NCRA, a reçu un avis de non-conformité de la part de Nasdaq en raison du retard dans le dépôt de son rapport annuel 2024 (Formulaire 10-K).
Points clés :
- La notification a été reçue le 24 avril 2025
- L'entreprise a enfreint la règle de cotation Nasdaq 5250(c)(1) exigeant le dépôt en temps utile des rapports SEC
- Nocera dispose de 60 jours calendaires pour soumettre un plan de conformité
- Si accepté, Nasdaq peut prolonger la date limite jusqu'au 13 octobre 2025
Les actions de la société continueront d'être négociées sous le symbole "NCRA" pendant cette période, sans impact immédiat sur son statut de cotation. Nocera a déclaré qu'elle travaille à la finalisation du formulaire 10-K et soumettra un plan de conformité dans les délais requis.
L'entreprise est spécialisée dans la fabrication et l'exploitation de systèmes d'aquaculture en recirculation terrestres (RAS) pour une production durable de fruits de mer.
Nocera, ein nachhaltiges Meeresfrüchteunternehmen, das unter dem Symbol NCRA an der NASDAQ gelistet ist, hat von der Nasdaq eine Nicht-Einhaltungsmitteilung aufgrund der verspäteten Einreichung seines Jahresberichts 2024 (Formular 10-K) erhalten.
Wichtige Punkte:
- Die Benachrichtigung wurde am 24. April 2025 erhalten
- Das Unternehmen hat gegen die Nasdaq-Listing-Regel 5250(c)(1) verstoßen, die eine fristgerechte Einreichung von SEC-Berichten verlangt
- Nocera hat 60 Kalendertage Zeit, einen Compliance-Plan vorzulegen
- Bei Annahme kann Nasdaq die Frist bis zum 13. Oktober 2025 verlängern
Die Aktien des Unternehmens werden während dieses Zeitraums weiterhin unter dem Symbol "NCRA" gehandelt, ohne unmittelbare Auswirkungen auf den Listing-Status. Nocera hat mitgeteilt, dass sie an der Fertigstellung des Formulars 10-K arbeiten und den Compliance-Plan fristgerecht einreichen werden.
Das Unternehmen ist auf die Herstellung und den Betrieb von landbasierten Rezirkulierenden Aquakultursystemen (RAS) für eine nachhaltige Meeresfrüchteproduktion spezialisiert.
- Trading of company stock continues on NASDAQ under NCRA symbol during compliance period
- Company has 60 days to submit compliance plan
- Potential extension of up to 180 days (until October 13, 2025) available if plan is accepted
- Failed to file Annual Report (Form 10-K) for 2024 fiscal year
- Non-compliance with NASDAQ listing rule 5250(c)(1)
- Risk of potential delisting if compliance is not regained
- Delayed financial reporting raises concerns about company's operational transparency
Insights
Nocera's Nasdaq non-compliance notice for delayed annual filing triggers compliance timeline that threatens listing status if not resolved.
Nocera has received a non-compliance notification from Nasdaq for failing to file its 2024 annual report on time, triggering a regulatory process with specific deadlines. The company now has 60 calendar days to submit a compliance plan to Nasdaq, and if accepted, could receive up to 180 additional days (until October 13, 2025) to file the overdue Form 10-K.
This type of notification is a standard regulatory procedure when listed companies miss filing deadlines. While there's no immediate delisting action and shares continue trading normally under the "NCRA" symbol, the situation creates a compliance obligation that must be addressed within the specified timeframe.
The compliance process follows a predictable pattern: plan submission, potential extension approval, and then either resolution through filing or potential delisting actions if deadlines aren't met. The company has stated it's "working diligently" to complete the filing and intends to submit the required compliance plan.
Delayed financial filings like this create information gaps for investors and raise questions about internal controls and reporting processes. The resolution timeline is now a critical factor to monitor, as failure to meet the extended deadlines could eventually lead to more severe listing consequences.
TAIPEI, TW / ACCESS Newswire / April 28, 2025 / Nocera, Inc., a Nevada corporation (NASDAQ:NCRA) ("Nocera" or the "Company"), a fully integrated sustainable seafood company focusing on manufacturing and operating land-based Recirculatory Aquaculture Systems ("RASs"), today announced that it received a letter from the Nasdaq Stock Market LLC ("Nasdaq") dated April 24, 2025, notifying the Company that, because it has not yet filed its Annual Report on Form 10-K for the year ended December 31, 2024 (the "Form 10-K"), it is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic reports with the Securities and Exchange Commission (the "SEC").
Under Nasdaq rules, Nocera has sixty (60) calendar days to submit a plan to regain compliance. If Nasdaq accepts the plan, it may grant the Company an extension of up to 180 calendar days from the original due date of the Form 10-K, or until October 13, 2025, to file the Form 10-K and regain compliance.
The notification has no immediate effect on the listing of the Company's common stock, which will continue to trade on Nasdaq under the symbol "NCRA" during this period.
The Company is working diligently to complete the Form 10-K and intends to submit a compliance plan within the required timeframe. Nocera is committed to filing the Form 10-K as soon as practicable to maintain compliance with Nasdaq's continued listing requirements.
About Nocera, Inc.
Nocera (NASDAQ: NCRA) is a fully integrated sustainable seafood company that provides land-based recirculatory aquaculture systems (RASs) for both fresh and saltwater fish and invests in fish farms by building high-tech RAS facilities. The Company's main business operations consist of the design, development, and production of large-scale RAS fish tank systems, along with expert consulting, technology transfer, and aquaculture project management services for new and existing aquaculture operators. For more information, please visit the Company's website at https://www.nocera.company/.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to risks and uncertainties. All statements other than statements of historical fact contained in this press release, including those regarding the Company's plans to regain compliance with Nasdaq listing standards, the timing of the Company's Form 10-K filing, and the Company's future business prospects, are forward-looking statements. These statements are based on current expectations, assumptions, and projections and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ include, without limitation, the risk that the Company may be unable to timely file its Form 10-K, or may be unable to regain compliance with Nasdaq's continued listing standards. Additional risks and uncertainties are discussed in the Company's filings with the SEC. The Company disclaims any obligation to update or revise these forward-looking statements except as required by law.
Company Contact:
Hanover International, Inc.
Jh@hanoverintlinc.com
SOURCE: Nocera, Inc.
View the original press release on ACCESS Newswire
FAQ
Why did Nasdaq issue a non-compliance notice to Nocera (NCRA) in April 2025?
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