Schmid Group NV Faces Nasdaq Warning Over Delayed Annual Report Filing

Reuters

05/22

Schmid Group NV Faces Nasdaq Warning Over Delayed Annual Report Filing

SCHMID Group N.V. $(SHMD)$ has announced a delay in filing its Annual Report on Form 20-F for the financial year ending December 31, 2024. The company received a delinquency notification from Nasdaq due to this delay, attributed to complexities in accounting related to a de-SPAC transaction and pending documentation from a joint venture in Turkey. SCHMID Group is working diligently to complete the filing and intends to take necessary steps to regain compliance with Nasdaq's listing rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schmid Group NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-051601), on May 21, 2025, and is solely responsible for the information contained therein.

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The company received a delinquency notification from Nasdaq due to this delay, attributed to complexities in accounting related to a de-SPAC transaction and pending documentation from a joint venture in Turkey. SCHMID Group is working diligently to complete the filing and intends to take necessary steps to regain compliance with Nasdaq's listing rules.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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ID: 0001104659-25-051601), on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHMD","symbol_name":"SCHMID GROUP N.V.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL74HJ1h:1","article_id":"2537495629","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537495629","pubTimestamp":1747857664,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"SCHMID Group N.V.  has announced a delay in filing its Annual Report on Form 20-F for the financial year ending December 31, 2024. 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SCHMID Group is working diligently to complete the filing and intends to take necessary steps to regain compliance with Nasdaq's listing rules.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schmid Group NV published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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