Edgio, Inc. (NASDAQ:EGIO) (the “Company”) today announced that it received a notice (the “Notice”) on August 14, 2023, from The NASDAQ Stock Market LLC (“Nasdaq”) stating that it is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) due to the delay in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2023 (the “Quarterly Report”) and because the Company remained delinquent in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2023 (the “Q1 10-Q”).
The Notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Global Select Market. The Company has until September 12, 2023, to regain compliance, and it intends to file the Quarterly Report as promptly as possible in order to regain compliance with the Listing Rule. The Company filed its Q1 10-Q with the SEC on August 15, 2023.
