Compass Diversified Holdings (NYSE: CODI) has delayed the filing of its first quarter 2025 financial report, Form 10-Q, due to an ongoing internal investigation into irregularities at its subsidiary, Lugano Holding, Inc. The company previously disclosed the delay in a notification filed on May 13, 2025, with the SEC. Consequently, CODI received a notice from the New York Stock Exchange on May 20, 2025, for non-compliance with filing standards. CODI has six months from May 19, 2025, to regain compliance by submitting the required report.
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