PCB Bancorp has announced a delay in filing its Form 10-Q for the quarter ended March 31, 2025. The company received a notice from Nasdaq on May 22, 2025, regarding non-compliance with periodic filing requirements due to this delay. PCB Bancorp cites the need for additional time to assess a Securities Purchase Option Agreement related to its Series C Preferred Stock. Nasdaq has provided the company until July 20, 2025, to submit a plan to regain compliance. The company aims to file the report as soon as possible before this deadline.
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